Deluxe Entertainment Services Group Inc. – Agrees Prepackaged Chapter 11 with Term Loan Lenders, Looks to Shed $800mn in Debt-for-Equity Restructuring and Emerge Within the Month

October 3, 2019 − Citing difficulties in transitioning its businesses to meet rapid technological changes, privately-held Deluxe Entertainment Services Group Inc. and 26 affiliated Debtors (“Deluxe” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 19-23774. The Debtors, a global video…