Port City Cleaners, Inc., seeks authority from the U.S. Bankruptcy Court for the Southern District of Alabama to employ Galloway Wettermark Everest & Rutens, LLP, as attorney to the Debtor.
WIA Marketing, LLC seeks approval from the U.S. Bankruptcy Court for the Central District of California to hire legal counsel in connection with its Chapter 11 case.
Judge John E. Waites of the U.S. Bankruptcy Court for the District of South Carolina conditionally approved the disclosure statement with respect to a chapter 11 plan filed by Dorch Community Care Center LLC, a small business debtor, on February 28, 2017.
The Hon. Brenda Moody Whinery of the U.S. Bankruptcy Court for the District of Arizona has scheduled for May 3, 2017, at 10:15 a.m. the hearing to consider the approval of Green Fuel Technologies, LLC's disclosure statement dated April 11, 2017, referring to the Debtor's Chapter 11 plan dated April 11, 2017.
Homebuilder Century Communities, Inc., is offering $11.35 per share to purchase UCP. The activist bloggers at http://www.ReformPICONow.com provide details. "Century offers UCP shareowners $5.32 in cash and 0.2309 shares of Century Communities for each UCP share owned. The deal is worth about $11.35 per UCP share, depending on Century's stock price. Tangible book value of UCP is about $12.13 per share; the discount is about 5%.
Both the UCP and Century Boards have approved the deal. Both Boards will recommend it to their shareowners. PICO Holdings, majority owner of UCP, has entered into a Voting Agreement, whereby it will vote its roughly 57% stake in favor of the transaction.