Tag Archives: Latham & Watkins

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.

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.

Rithm Capital Acquires Sculptor Capital Management for Approximately $639MM

Rithm Capital and Sculptor Capital Management entered into a definitive agreement under which Rithm will acquire Sculptor in a transaction valued at approximately $639 million, which includes $11.15 per Class A share of Sculptor.

Monster Enters into Asset Purchase Agreement for Bang Energy

Monster Beverage and Vital Pharmaceuticals (which, together with certain of its debtor affiliates, does business as Bang Energy and VPX Sports) entered into an asset purchase agreement under which a subsidiary of Monster would acquire substantially all of Bang Energy’s assets, including a beverage production facility located in Phoenix.

Lucky Bucks Enters RSA to Strengthen Balance Sheet and Enhance Liquidity

Lucky Bucks, a class B coin operated amusement machine (COAM) operator in Georgia, and its parent, Lucky Bucks HoldCo, completed a recapitalization transaction with the support of its secured lenders holding more than 86% of its secured debt.