Corporate Resource Services, Inc., and its debtor subsidiaries are asking the U.S. Bankruptcy Court for the District of Delaware for authority to use cash collateral and grant adequate protection to Wells Fargo Bank, N.A.
The Great Atlantic & Pacific Tea Company, Inc., et al., ask for permission from the Hon. Robert D. Drain of the U.S. Bankruptcy Court for the Southern District of New York to employ Prime Clerk LLC as administrative agent.
Bankruptcy Judge David T. Thuma of the United States Bankruptcy Court for the District of New Mexico granted in part the Chapter 7 Trustee's motion for summary judgment that John L. Saylor's proof of claim against debtor Sunland Inc. be disallowed.
Bankruptcy Judge Suzanne H. Bauknight of the United States Bankruptcy Court for the Eastern District of Tennessee granted the Bank of Camden's motion for relief from the automatic stay in the bankruptcy cases of Samuel Robert Morton, Jr. and Sharon K. Morton, Case No.: 3:15-BK-30892-SHB, (Bankr. E.D. Tenn.)
Euramax Holdings, Inc., announced that, effective Aug. 10, 2015, Richard C. Brown is appointed the president and chief executive officer of the Company. He will also become a member of the Board of Directors of the Company. Mr. Brown joins the Company from Sun Capital Partners, Inc., where he was a managing director and partner since 2012 and served as the Board Chairman of multiple businesses including those in chemicals, packaging, automotive, distribution, telecommunications, construction and consumer products segments. He has also provided operational leadership for multiple portfolio companies.
Ally Financial Inc. announced that former financial executive Maureen Breakiron-Evans and internet executive Michael Steib have been appointed to the board of directors, effective July 22, 2015. Breakiron-Evans will also serve on the board's audit committee.
The U.S. Bankruptcy Court for the Western District of Texas, Austin Division, has approved separate sales of the assets of Dune Energy, Inc., pursuant to sale agreements with Trimont Energy (NOW), LLC and with White Marlin Oil and Gas Company, LLC.