Armory Securities Advises Aruze Gaming on §363 Auction

Armory Securities served as exclusive financial advisor to Aruze Gaming America in connection with the sale of its assets via a §363 auction under the U.S. Bankruptcy code. 

October 4, 2023 Armory Securities | Aruze Gaming America Ian Koplin

Lucky Bucks Completes Restructuring, Emerges from Chapter 11

Lucky Bucks, a Class B coin operated amusement machine route operator in Georgia, announced the completion of its restructuring process and successful emergence from Chapter 11 bankruptcy.

October 4, 2023 Akin Gump Strauss Hauer & Feld | C Street Advisory Group | Cole Schotz | Evercore Group | Greenhill & Co. | Latham & Watkins | Layton & Finger | Lucky Bucks | M3 Advisory Partners | Milbank | OnMessage Public Strategies | Richards Ian Koplin

Barretts Minerals and Barretts Ventures Texas File for Chapter 11 Protection

Minerals Technologies and its subsidiaries, Barretts Minerals (BMI) and Barretts Ventures Texas filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas to address and comprehensively resolve BMI’s liabilities associated with talc.

October 2, 2023 Jefferies | JMB Capital Partners Lending | Latham & Watkins | M3 Partners Ian Koplin

UpHealth Holdings Files Voluntary Reorganization Under Chapter 11 of the U.S. Bankruptcy Code

UpHealth, a global digital health company delivering technology platforms, infrastructure and services to modernize care delivery and health management, filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

September 20, 2023 DLA Piper | Needham & Company | Sam Meckey | UpHealth Ian Koplin

Commercial Chapter 11 Bankruptcy Filings Increase 54% Y/Y in August

There were 634 commercial Chapter 11 filings registered in August, an increase of 54% from the 411 filings registered in August 2022, according to data provided by Epiq Bankruptcy.

September 6, 2023 American Bankruptcy Institute | Amy Quackenboss | Epiq Bankruptcy | Gregg Morin Ian Koplin

B. Riley Real Estate Advises on $65MM 363 Asset Sale of United Furniture Industries Portfolio

B. Riley Real Estate, subsidiary of B. Riley Financial, served as exclusive real estate advisor in connection with the United Furniture Industries Chapter 11 bankruptcy and related 363 asset sale of all its properties, including the Lane Furniture real estate portfolio.

September 1, 2023 B. Riley Real Estate | Derek Henderson | United Furniture Industries Ian Koplin

Ravinia Capital Completes Sale of Allied Healthcare Products Through Chapter 11 Process

Ravinia Capital sold Allied Healthcare Products to Allied Medical (dba Flexicare) through a Chapter 11 Section 363 sale process overseen by the U.S. Bankruptcy Court of the Eastern District of Missouri.

August 21, 2023 Akash Amin | Eric Peterson | Gerry Paez | MorrisAnderson | Ravinia Capital | Spencer Fane | Sterling Commercial Credit | Tom Goldblatt Ian Koplin

Prime Trust Files Voluntary Chapter 11 Petitions

Prime Trust and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

August 15, 2023 John Guedry | John Wilcox | Michael Wyse | Prime Trust Ian Koplin

Hilco Real Estate Announces Bankruptcy Sale of Former Skilled Nursing Facility in Massachusetts

Hilco Real Estate announced Sept. 14 as the qualifying bid deadline for the bankruptcy sale of a previously operating skilled nursing facility in Springfield, MA.

August 11, 2023 Hilco Real Estate | Jonathan Cuticelli | Terry Rochford Ian Koplin

National CineMedia Emerges from Chapter 11 Restructuring

National CineMedia, a cinema advertising platform in the U.S., completed its financial restructuring process and emerged from Chapter 11 bankruptcy following the confirmation of the company’s plan of reorganization by the U.S. Bankruptcy Court for the Southern District of Texas at the end of June.

August 11, 2023 National CineMedia | Tom Lesinski Ian Koplin