December 10, 2025
A large shareholder of Lucky Bucks Holdings LLC told a Delaware bankruptcy judge Wednesday that claims against it related to $240 million in prepetition dividend payments should be tossed because the Chapter 7 trustee is bringing them on behalf of noteholders of the debtor.
October 23, 2024
Holders of equity in the reorganized iteration of gaming terminal operator Lucky Bucks LLC received a court's permission Wednesday to take discovery from members of the company's former management team, with a Delaware bankruptcy judge finding the new owners had similar rights as a litigation trust under the confirmed Chapter 11 plan.
January 25, 2024
The liquidating trustee for the former parent of a gambling machine manufacturer has urged a Delaware bankruptcy court to unwind the confirmation of the subsidiary's Chapter 11 plan, arguing it should get to explore allegations leveled by the underlying business's new owners that the old management conspired to "loot" the company.
October 23, 2023
A Delaware bankruptcy judge Monday ordered that the Chapter 11 proceeding of Lucky Bucks Holdings LLC, the parent company of also-bankrupt video gaming terminal operator Lucky Bucks LLC, convert to a Chapter 7 liquidation at the behest of its noteholders.
July 24, 2023
Video gaming terminal operator Lucky Bucks LLC received approval for confirmation of its Chapter 11 debt-swap plan Monday from a Delaware bankruptcy judge after she addressed the concerns of noteholders of the debtor's parent company about how the plan would impact intercompany claims.
June 12, 2023
Noteholders of the parent company of gaming machine operator Lucky Bucks LLC told a Delaware bankruptcy judge Monday that conversion of the parent's Chapter 11 case should be considered before the debtor's plan can be considered.
June 09, 2023
Georgia-based coin gambling machine maker Lucky Bucks LLC filed for Chapter 11 in Delaware with $610 million in outstanding debt, blaming its struggles on rising interest rates, historic inflation, increased regulatory enforcement, and "predatory conduct" from competing slot and video poker machine operators.