Private-label bath product maker Vi-Jon LLC, advised by attorneys from Morris James LLP and Sidley Austin LLP, commenced a Chapter 11 case in Delaware bankruptcy court in early August, after it reached terms on a global settlement with its parent company to fund a trust for the benefit of asbestos personal injury claimants.
Ice cream maker Rebel Creamery filed for Chapter 11 protection after rival Van Leeuwen won a $23.8 million judgment against the company, project development firm Tetrad Enterprises filed for bankruptcy in Puerto Rico amid creditor disputes over its flood control pump contracts, and California-based feedlot operator Phillips Cattle Co. entered Chapter 11 with over $10 million in liabilities. Here are some of the latest insolvency filings from across the country.
Purdue Pharma urged a New York bankruptcy judge Monday to add an ad hoc creditor group's more than $10.9 million in fees and expenses to the over $1.2 billion already paid to professionals on all sides of the company's massive Chapter 11 case.