August 12, 2020 – Stein Mart, Inc. and two affiliated Debtors (NASDAQ: SMRT; “Stein Mart” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Middle District of Florida, lead case number 20-02387. The Debtors, an omni off-price retailer with 281 stores across 30 states, are represented by Gardner F….

August 11, 2020 – Generac Power Systems, Inc. (“Generac”), a leading manufacturer of home generators and potential bidder for all or part of the Debtors' assets, has objected to the Debtors’ bidding procedures motion; arguing that the procedures, and the Debtors' handling of the sales process more generally, have effectively eliminated the opportunity for any…

August 10, 2020 – The Court hearing the Grupo Famsa case issued an order approving the Debtor's request for the dismissal of its prepackaged Chapter 11 case [Docket No. 41]. The dismissal follows the Debtor's decision to pursue a more comprehensive bankruptcy proceeding in Mexico; with that Mexican bankruptcy to be paired with an ancillary…

August 5, 2020 – Prysm, Inc. (“Prysm” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 20-11924. The Debtor, a Silicon Valley-headquartered company specializing in large-format displays and display solutions, is represented by Charles J Brown of Gellert Scali Busenkell & Brown, LLP….

August 3, 2020 – Further to a May 28th bidding procedures order [Docket No. 181], the Debtor notified the Court that they had canceled a scheduled auction and designated Alpha Acquico, LLC (“Alpha Acquico”) as the successful bidder for substantially all of the Debtor's assets [Docket No. 338]. Alpha Acquico, the notice states, is a…

December 3, 2008 – Oak Point Partners acquired the remnant assets of the Midway Airlines Corporation, et al., Bankruptcy Estates in December 2008. On August 13, 2001, Midway Airlines Corporation and its related entities (“Midway Airlines”) filed a chapter 11 petition in the United States Bankruptcy Court for the Eastern District of North Carolina, assigned…