Featured Book


Vinh Phat Supermarket Seeks OK of $1.2MM Insider Sale Under Plan

Wednesday, 28 December 2016 06:30
Rate this item
(0 votes)

Vinh Phat Supermarket, Inc., filed with the Bankruptcy Court a
motion seeking an order:

(i) approving the sale of substantially all of the Debtor's assets under and in conjunction with its Chapter 11 plan of reorganization, and

Please log in or register to view the entire article

Login to post comments

Featured News

  • Takata Corp. et al. Proposes to Pay $47.4 Million to Key Vendors

    TK Holdings Inc. and other Takata Corp. units that have sought Chapter 11 protection are seeking approval from the U.S. Bankruptcy Court for the District of Delaware to pay $47.4 million of the $118 million owed to various third-party providers of goods and services.

    The Debtors are only seeking approval to pay the prepetition claims of "critical vendors", i.e. vendors, suppliers, service providers, and other similar parties and entities that are essential to maintaining the going concern value of the Debtors' businesses.

    Written on Tuesday, 27 June 2017 02:03 in Latest News Be the first to comment! Read 10 times Read more...