Knoxville based, IdleAire Technologies Corporation, filed for chapter 11 bankruptcy protection yesterday. The debtor manufactures and services a system that provides HVAC and Internet services to truck drivers. The petition, filed at the United States Bankruptcy Court in Delaware, lists about $211 million in assets and $304 million in liabilities.
Pappas Telecasting Incorporated and 21 related entities filed for chapter 11 bankruptcy protection at the United States Bankruptcy Court in Wilmington, DE. The petition, from Saturday's filing, lists assets and liabilities of between $100 and $500 million. Additionally, the petition lists Fox Broadcasting Company as the largest unsecured creditor with a trade claim of over $1.4 million.
EnCap Golf Holdings, LLC filed for chapter 11 bankruptcy protection at the United States Bankruptcy Court for the District of New Jersey. The East Rutherford, New Jersey company listed between $100-$500 million in assets and liabilities on its petition.
On May 5th, Shermag Inc. filed a petition for an initial order under the CCAA in Montreal. The debtor designs, produces and distributes residential furniture with about $85 million in sales.
Hilex Poly Co. LLC, of Hartstsville SC, filed for Chapter 11 yesterday at the United States Bankruptcy Court in Wilmington DE. The debtor's petition lists between $100-$500 million in assets and liabilities. The list of unsecured creditors includes Sononco Products Company, Equistar Chemicals, Formosa Plastics Corporation, Exxon Mobil Chemical Co and others.
The debtor is a manufacturer of plastic bag and film products. They have 10 manufacturing facilities in the US and employ 1324 people.
Cedar Management, LLC filed for chapter 11 bankruptcy protection at the United States Bankruptcy Court for the Central District of CA. The Santa Monica company's petition lists between $1-$10 million in assets and between $50-$100 million in liabilities. The list of creditors holding the 20 largest unsecured claims includes Keybank National Association, Redwood Mortgage Investors VIII, Preferred Bank, Chinatrust Bank and others.
Tropicana Entertainment, LLC and 33 related entities filed for chapter 11 bankruptcy protection at the United States Bankruptcy Court in Wilmington, DE. The petition for Tropicana Entertainment, LLC lists over $2.8 billion in assets and over $2.4 billion in liabilities. The debtors are one of the largest privately held casino operators in the United States.
Carecorps Management Company, LLC and several related entities filed for chapter 11 bankruptcy protection yesterday at the United States Bankruptcy Court for the Northern District of Mississippi. On it's petition, the Birmingham, AL debtor lists between $10-$50 million in assets and liabilities.
Linens 'n Things, Inc. and 12 related entities filed for chapter 11 bankruptcy protection today at the United States Bankruptcy Court in Wilmington, DE. The New Jersey retailer's petition lists Yankee Candle Company as the largest unsecured creditor. Linens Holding Co. holds a 100% equity interest in the debtor. Linens Holding's petition lists $1.7 billion in assets and $1.4 billion in liabilities.
As of the end of 2007, the Linens Companies employed 17,500 people and operated almost 600 retail stores in the US and Canada. In 2007, the Linens Companies had sales of about $2.8 billion.
Tarpon Industries, Inc. and Eugene Welding Co. filed for chapter 11 bankruptcy yesterday at the United States Bankruptcy Court for the Eastern District of Michigan. Tarpon Industries, based in Marysville MI, is a holding company that owns 100% of the stock of Eugene Welding Co which is a manufacturer and distributor of steel storage rack systems.
Tarpon Industries' petition lists almost $4 million in assets and over $16 million in liabilities. The largest unsecured creditor is listed as New Generation Steel with a trade claim of $146K. On Eugene Welding's petition, both assets and liabilities are listed as between $10-$50 million.
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