May 12, 2025
Drugstore chain Rite Aid reentered bankruptcy less than a year after its earlier reorganization plan was approved, and received a bankruptcy court's permission to conduct asset sales. Food storage container maker Tupperware Brands Corp. received court approval for its Chapter 11 liquidation plan. And a Washington University law professor was named the consumer privacy ombudsman in 23andMe's Chapter 11 case.
May 07, 2025
The Chapter 11 plan of liquidation of food storage container company Tupperware Brands Corp. received court approval Wednesday in Delaware without any opposition, marking a complete turnaround from the turmoil at the outset of the case.
April 25, 2025
Tupperware looked for permission to end healthcare reimbursements for roughly 230 employees; Heritage Coal's owners asked a Delaware bankruptcy judge to allow the company to complete a permit transfer as part of a pre-Chapter 11 sale; and Film Finance Inc., behind productions including "Everything Everywhere All At Once," sought to have its Chapter 11 case dismissed. Here are some of the bankruptcy stories you may have missed last week.
March 07, 2025
The estate of food storage company Tupperware Brands can solicit votes on its Chapter 11 liquidation plan, even as its creditors accused the debtor's latest plan of deviating from a prior agreement.
February 19, 2025
Counsel for Tupperware told the Delaware bankruptcy court Wednesday the company needed more time to propose a confirmable Chapter 11 plan after it sold its business to a group of secured lenders.
January 31, 2025
Lenders for Tupperware said the company's Chapter 11 case does not need a committee to represent retired workers, the U.S. Trustee's Office opposed third-party releases in a pair of Chapter 11 cases and hardware retailer True Value wants more time to pursue its Chapter 11 plan.
October 29, 2024
Bankrupt food storage product maker Tupperware Inc. received approval Tuesday for an $87.3 million sale of its assets to a group of secured lenders, with a Delaware bankruptcy judge saying the unusual circumstances justified the rapid consideration of the deal.
October 28, 2024
Former Bankruptcy Judge David R. Jones lost a bid to shield his banking records from a U.S. Trustee's Office probe into his undisclosed romantic relationship with a onetime Jackson Walker LLP partner.
October 22, 2024
Bankrupt food storage product company Tupperware Inc. said Tuesday it had reached a deal with a group of secured creditors for an $87.3 million sale transaction that would resolve an ongoing issue wherein creditors were seeking conversion or dismissal of the Chapter 11 case.
October 07, 2024
Bankrupt food storage product maker Tupperware told a Delaware judge on Monday that it is engaged in discussions with an ad hoc group of lenders seeking dismissal or conversion of the company's Chapter 11 case, and pushed back a potentially case-ending hearing to continue those negotiations.