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Oldco AI LLC

  1. September 22, 2023

    Judge Dismisses Catalog Retailer's Ch. 11 Case

    A Delaware bankruptcy judge has agreed to a structured dismissal of AmeriMark Interactive's Chapter 11 case, telling the catalog retailer it can wind down the case and its business once it pays the expenses it has incurred since entering bankruptcy.

  2. September 18, 2023

    Insolvent Catalog Retailer Nears Ch. 11 Dismissal

    A Delaware bankruptcy judge on Monday said he would likely agree to dismiss the Chapter 11 bankruptcy of catalog retailer AmeriMark Interactive LLC after the debtor said it was paying all its administrative claims and had no money left.

  3. July 12, 2023

    Catalog Retailer Approved For $85M Litigation Rights Sale

    Bankrupt catalog retailer AmeriMark Interactive LLC received court approval Wednesday in Delaware to sell its rights to ongoing state court litigation to its prepetition lender via an $85 million credit bid after altering the sale order to preserve the rights of all parties in those proceedings.

  4. June 06, 2023

    Catalog Retailer Closes In On $97M In Ch. 11 Sales

    Bankrupt catalog retailer AmeriMark Interactive LLC told a Delaware federal judge Tuesday that it had a successful auction that resulted in a pair of transactions valued at around $97 million and that it was finalizing asset purchase agreements with the winning bidders.