Debtor: Skypatrol, LLC, a Delaware Limited Liability Company
dba GPS Tracking Solutions
dba M2M Depot
dba Total GPS Technologies
dba Fleet Command
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.
Xcelerated, LLC, asks the U.S. Bankruptcy Court for the Eastern District of Kentucky to authorize the bidding procedures in connection with the sale of substantially all assets to successful bidder.
A hearing on the Motion is set for Dec. 21, 2017 at 9:00 a.m. (ET).
Global A&T Electronics Ltd. ("GATE") and certain of its subsidiaries is soliciting acceptances from accredited investors that hold the 10% senior secured notes due 2019 issued on Feb. 7, 2013 and the 10% senior secured notes due 2019 issued on Sept. 30, 2013, with respect to the Companies' joint Chapter 11 plan of reorganization dated Nov. 20, 2017, in accordance with Section 1125 of the U.S. Bankruptcy Code.
CTI BioPharma Corp. entered into a loan and security agreement with Silicon Valley Bank on Nov. 28, 2017, pursuant to which Silicon Valley has agreed to make a senior secured term loan of up to $18 million. The first $16 million of the term loan was funded on Nov. 28, 2017, and the remaining $2 million is available at the Company's option at any time from the occurrence of a Milestone Event through July 31, 2018, subject to the satisfaction of certain conditions. The term loan is repayable over 36 months after an initial interest-only period of at least 12 months after closing, which will be extended to 18 months upon the occurrence of the Milestone Event.
TDR Trust, LLC, seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to hire a real estate agent.
All Sod Nursery Inc. received approval from the U.S. Bankruptcy Court for the Middle District of Florida to hire Borro Tax Partners LLC in connection with its Chapter 11 case.
Judge Eddward P. Ballinger Jr. of the U.S. Bankruptcy Court for the District of Arizona approves the Amended Disclosure Statement in Support of a Chapter 11 Plan of Reorganization filed by Prado Management, LLC on November 8, 2017.