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Global Aviation Holdings Inc., et al., ask the U.S. Bankruptcy Court for the District of Delaware to issue an order converting their Chapter 11 cases to one under Chapter 7 of the Bankruptcy Code, saying they have substantially finished the collection of receivables and the sale or other dispositions of their remaining assets. The Debtors add that conversion of their bankruptcy cases to Chapter 7 is in their best interest given their ability to use cash collateral will expire this month.

FCC Holdings, Inc., et al., seek authority from the U.S. Bankruptcy Court for the District of Delaware to approve the amended and restated asset purchase agreement, dated Aug. 21, 2014, between the Debtors and IEC Corporation, under which IEC will purchase the Debtors' campuses.

The Board of Directors of GeoMet Inc. has appointed Mr. Michael Y. McGovern as president and chief executive officer of GeoMet, effective in each case as of Sept. 1, 2014, according to a Form 8-K filed with the U.S. Securities and Exchange Commission.

Bay Area Financial Corporation seeks authorization from the U.S. Bankruptcy Court for the Central District of California to employ Gary Cuoco of Re/Max Gold Beach Office as agent in listing for sale the Debtor's property located at 4145 Ocean, Oxnard, California.

Canadian company Mercator Minerals Ltd. sent its copper mine in Kingman, Arizona to bankruptcy with plans to sell the mine after a deal to merge with Intergeo MMC Ltd. fell apart.

MS "Fritz" Schiffahrtsges MBH & Co. Reederei KG, which is subject to insolvency proceedings in its hometown in Germany, commenced Chapter 15 proceedings in Ohio to retake control of its sole asset, the bulk carrier M/V Fritz, which is currently located in Toledo, Ohio.

Bluejay Properties, LLC, filed a motion with the U.S. Bankruptcy Court for the District of Kansas seeking an order dismissing its Chapter 11 case.

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  • Skypatrol LLC Case Summary & 20 Largest Unsecured Creditors

    Debtor: Skypatrol, LLC, a Delaware Limited Liability Company
                dba GPS Tracking Solutions
                dba M2M Depot
                dba Defender
                dba Total GPS Technologies
                dba Fleet Command
                dba Protek
                3055 N.W. 84th Avenue
                Miami, FL 33122-1921

    Business Description: Skypatrol, LLC provides integrated Global
    Positioning System (GPS) tracking solutions
    serving many markets including vehicle
    finance, fleet management, mobile asset
    tracking, automobile dealerships, outdoor
    sports and motor sports.

    Written on Friday, 15 December 2017 05:22 in Latest News Be the first to comment! Read 171 times Read more...