Catching Up With: Regis Rolland
APO Snowboards founder shares his plans to successfully steer his company out of Chapter 11 bankruptcy.
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mike lewis
- August 21 2009 | 729 views
bankruptcy
CIT Files For Bankruptcy
Troubled lender CIT, which works with more than one million small to mid-sized businesses, announced yesterday, November 1, that it has filed for Chapter 11 bankruptcy as part of a reorganization to shore up its outstanding debts. The bankruptcy is the fifth largest in U.S. history.
» Read Full Story mike lewis
- November 02 2009 | 430 views
Creditors Force Boardparadise Into Bankruptcy
North Carolina based retailer’s parent company forced into involuntary Chapter 7 bankruptcy.
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ADMIN
- August 20 2009 | 2,635 views | 15 comments
CIT Group Delays Filing Second Quarter Results
CIT, the 101-year-old lending company that provides business loans and financial services worldwide, announced today that management is making efforts to restructure the company in order to avoid bankruptcy and that it would not be able to file its second quarter report with the Securities and Exchange Commission by the Monday deadline.
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- August 11 2009 | 437 views | 10 comments
Bob McKnight Downloads On Quiksilver’s Debt, Banking Arrangements, And The Effects Of Rossignol.
On July 30, TransWorld Business sat down with Quiksilver CEO Bob McKnight for an exclusive interview on the state of the company, the future of the action sports industry, and the challenges of the current economic climate. In this first installment, McKnight outlines Quiksilver’s banking arrangements in the US and Europe, how buying Rossignol affected its European credit facilities, and what the company’s most recent financial announcement means to the bottom line.
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josh hunter
- August 03 2009 | 3,001 views
VF Corp, Iconix Interested In Acquiring Eddie Bauer
VF Corp has asked the U.S. Bankruptcy Court in Delaware to send it all notices in the Eddie Bauer bankruptcy case as it is a “party in interest,” according to court documents filed yesterday. Iconix Brand group, which owns Op, has filed similar paperwork.
» Read Full Story mike lewis
- July 14 2009 | 456 views
Active Ride Shop Auctioned Off To Florida Investors For $5.2 Million
According to reports from The Press Enterprise, A Florida-based limited liability company called Active Sports Lifestyles entered a winning bid of $5.2 million to purchase Active Ride Shop in an auction ordered by the US Bankruptcy Court in Riverside, California today. Zumiez, which recently showed interest in acquiring the chain of stores was not among the final bidders.
» Read Full Story josh hunter
- June 17 2009 | 1,807 views | 7 comments
IRS Files Objection To Source Interlink’s Reorganization Plan
From Foliomag.com: “The objection said Source’s reorganization plan cannot be confirmed because it does not ensure adequate payment of the IRS’ tax claims. The IRS said Source and its affiliates have not filed a “staggering” number of federal tax returns.”
» Read Full Story josh hunter
- May 27 2009 | 484 views | 7 comments
Zumiez Makes $7.2 Million Bid For Active
Based on the offer made by Zumiez, Active proposes to sell its assets for a total consideration of up to as much as $7.2 million cash, depending upon the outcome of Zumiez valuation of inventory and determination of number of stores to acquire.
» Read Full Story josh hunter
- May 18 2009 | 5,540 views | 37 comments
The Details Of Active’s Debt
Important documents from Active’s bankruptcy case were filed and entered in court on April 24. Included in these documents are complete lists of claims by creditors; both secured and unsecured. Find out more here.
» Read Full Story josh hunter
- April 28 2009 | 2,321 views | 8 comments
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