August 25, 2025
Nikola’s founder and ex-CEO said his claim in the company’s Chapter 11 cannot be subordinated, while Clare’s got interim approval for bankruptcy financing and Avon secured a judge’s permission to implement its reorganization plan.
August 22, 2025
A New Jersey bankruptcy judge has confirmed the liquidation plan of Ohio-based compostable film producer Plastic Suppliers Inc. after a hearing on approval for the slightly amended proposal that will see some unsecured claims paid out of a liquidation trust.
February 06, 2025
Ohio-based compostable film producer Plastic Suppliers Inc., which has filed for Chapter 11 protection in New Jersey, says it was driven to bankruptcy by a confluence of factors, including a severe blow to its revenues delivered in part by U.S. sanctions on Russia.
February 03, 2025
A New Jersey event venue, a lithium battery maker and the operator of one of the world's largest cobalt refineries hit Chapter 11; retailer Party City wants to beef up security for its current and former directors, citing threats of violence; and yet another former member of Byju's Alpha's top brass was sanctioned for contempt of court.
January 29, 2025
A New Jersey bankruptcy judge on Wednesday conditionally approved packaging company Plastic Suppliers Inc.'s bid to sell its business for $16.4 million, saying a competitive auction proved the deal process had been conducted fairly.
January 22, 2025
Attorneys from Archer & Greiner PC are assisting Plastic Suppliers, a maker of compostable films and other plastic packaging, navigate its Chapter 11 case, while Porzio Bromberg & Newman PC is representing the official committee of unsecured creditors.
January 10, 2025
A New Jersey bankruptcy judge on Friday gave Plastic Suppliers, a producer of compostable films and other plastic packaging, permission to put its business up for auction Jan. 27 with a $13 million baseline bid, rejecting arguments that the sale is moving too fast.