Entries tagged "Red Envelope"
Here are some of the latest bankruptcy stories our reporters have been covering Friday morning on TheDeal.com. For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. Sharper Image set for auctionA joint venture of Hilco Consumer Capital LLC and GB Brands LLC will front a $51.25 million stalking-horse bid for Sharper Image Corp.'s assets. The sale's auction is scheduled for May 28. The bidders are affiliated with Hilco Merchant Resources LLC and Gordon Brothers Retail Partners LLC, which in March began liquidating 96 of Sharper Image's 184 stores. - John Blakeley RedEnvelope wins DIPRedEnvelope...
Here is Monday morning's wrap-up of the latest bankruptcy stories we have been covering on TheDeal.com: For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit our premium product, Bankruptcy Insider.Superior plunges into Ch. 11 After defaulting on its loans and being smacked with several class-action lawsuits, Superior Offshore International Inc. has taken a dive into bankruptcy. The provider of subsea construction and commercial diving services to the offshore oil and gas industry filed for Chapter 11. Although the company didn't state why it filed, it was facing at least two class-action lawsuits and was in...