Entries tagged "Lionel"
We know he's a rock 'n' roll star and all that, but why is Neil Young's continued stake in the now post-bankruptcy Lionel LLC need to be such a mystery?...
Here are some of the latest bankruptcy stories our reporters have been covering Wednesday morning on TheDeal.com. For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. Lionel motors out of Ch. 11Lionel LLC emerged from Chapter 11 and will pay all of its creditors in full with $69 million in total financing commitments from prepetition lender Guggenheim Corporate Funding LLC and a holding company controlled by the late Martin Davis' estate, Train Acquisition LLC, Lionel's prepetition majority owner. - John Blakeley Thinkpath can tap DIP loanBankrupt engineering designer Thinkpath Inc. won final approval on...
Rock 'n roll legend Neil Young will no longer have his own trains to play with under the Christmas tree. Lionel LLC, the famous model train maker, left bankruptcy on May 1. But Young, who owned a 20% stake in the company, isn't any longer part of its post-Chapter 11 life....
