Credivalores - Crediservicios S.A.

  1. July 07, 2025

    Celsius Ends FTX Clawback Suit, Rite Aid Unit Sale OK'd

    FTX's Bahamas unit and bankrupt cryptocurrency lender Celsius Network reached a settlement resolving an adversary lawsuit seeking the return of around $517 million in pre-bankruptcy transfers. A New Jersey bankruptcy judge approved Rite Aid's roughly $19 million sale of an ice cream brand to a pair of billionaires behind Monster Energy. And insurers are challenging Avon's Chapter 11 plan, arguing it unfairly forces them to cover potentially invalid talc injury claims.

  2. July 02, 2025

    Colombian Consumer Lender's Ch. 11 Converted To Ch. 7

    A New York bankruptcy judge on Wednesday approved the conversion of the Chapter 11 case of Colombian consumer lending giant Credivalores-Crediservicios to a Chapter 7 liquidation, following requests from the Office of the U.S. Trustee and an ad hoc group of noteholders.

  3. June 27, 2024

    Credivalores, Lender's Noteholders Tussle On Ch. 11 Plan Vote

    Colombian consumer lending giant Credivalores-Crediservicios and an ad hoc group of noteholders on Thursday disputed the legitimacy of a vote count that would determine whether the lender's prepackaged Chapter 11 reorganization plan goes forward, leaving a New York bankruptcy judge to mull what must be done.

  4. May 20, 2024

    Colombian Lender Extends Ch. 11 Plan Objection Deadline

    An ad hoc group holding some of the debt of Colombian consumer lending giant Credivalores-Crediservicios voiced concerns about the debtor's prepackaged Chapter 11 plan, prompting the debtor to extend its objection deadline to later in June.