Sentences with phrase «bankruptcy auction»

A bankruptcy auction is when a company that has gone bankrupt sells off its assets or properties to generate money and repay its debts. Full definition
Representation of purchasers and potential purchasers in bankruptcy auctions and sales, including negotiation of stalking horse bid protections and litigation involving challenges to the sale.
The court - ordered bankruptcy auction of Gawker Media approached its final conclusion on Thursday, with most of company's assets set to be acquired by Univision for $ 135 million.
The Harrison, N.Y. - based company had the winning bid of $ 53.5 million in cash at a recent bankruptcy auction for the Clare.
As Gawker Media prepares for a court - ordered bankruptcy auction to sell off its assets to the highest bidder, the billionaire venture capitalist who helped drive the company under wrote in a New York Times opinion piece saying he is happy to have played a role in its failure — and he would happily do so again, if necessary.
Bebo had recently been the subject of a Chapter 11 Bankruptcy auction which was managed by Burlingame, Calif. - based Burke Capital.
If they're successful with their lead bid of roughly US$ 6.5 million at the August 21st bankruptcy auction, Lemonis has reportedly said they'll form a new, privately held Crumbs, re-open its locations, and further expand to include multiple products like popcorn, pies, cookies, ice cream and cake.
So it's fitting that Rebellion Developments, which acquired the brand in 2013 from an Atari bankruptcy auction, is literally making a virtual reality Battlezone game.
A drama - filled bankruptcy auction of leading Southern California newspapers ended Monday when a judge in Santa Ana approved the sale of the Orange County Register and the Riverside Press - Enterprise to Digital First Media.Next to be answered: whether the...
Zynga and Starhawk developers Lightbox thinned their ranks massively in 2012, and last week Darkstalkers developer Vigil was shut down after it failed to find a buyer following the THQ bankruptcy auction.
Bankruptcy auctions tend to be like hidden gold mines for rare items and electronics — and this is precisely how this man...
After an 18 - hour bankruptcy auction in December, Redwood Capital Investments emerged as the winner with a bid of $ 365 million for Erickson Retirement Communities, a financially troubled company that also happens to be one of the top brands in the...
Gawker Media founder Nick Denton has a lot of things on his mind right now, not the least of which is the future of his company as it goes through a court - ordered bankruptcy auction — a process sparked by a $ 140 - million court award in the Hulk Hogan case for publishing a sex video.
Jim Balsillie vs. Nortel Networks Balsillie complained Research In Motion was «blocked at every turn» when attempting to bid on Nortel Networks» wireless assets in this summer's bankruptcy auction.
The parent of the Columbia House music and DVD clubs said Monday it plans to sell its Columbia House DVD Club business, which sells recorded movies and TV series directly to consumers, through a bankruptcy auction.
Then, a bit over a month ago when Bebo was in a bankruptcy auction, Birch tweeted that he had bought back Bebo for $ 1 million.
The sources asked not to be identified because the bankruptcy auction is still in progress.
It was sold in a bankruptcy auction in 2015 for 100,000 times less than it cost to build, BBC reported.
It had hoped to get better offers from other suitors, but no higher bid for the entire company emerged by a deadline set in a bankruptcy auction for Monday, the sources said.
Tribune was selected as purchaser of Freedom's newspapers following a bankruptcy auction and will seek bankruptcy court approval of its acquisition on March 21.
It has also bought properties out of bankruptcy auctions.
Bon - Ton extended the deadline for bids in its bankruptcy auction last week to April 4, after announcing it was in active discussions with a bidder whom it did not identify.
Trump had purchased the mansion at a bankruptcy auction less than four years earlier for $ 41.4 million, records show.
This person also said it had mulled a bid for American Apparel during its bankruptcy auction, which Reuters first reported in January.
The purchase of the building, a part of the former International Toy Center, closed for $ 191 million, following a bankruptcy auction in June.
A Japanese firm that has a long history with Baltimore - based Hedwin Corp. was named the winning bidder for the manufacturer in a bankruptcy auction Friday, a development that Hedwin officials said would save the company's 300 jobs.Fujimori Kogyo Co....
There can be only one actual winner in a bankruptcy auction, and after a long day where both sides fought fairly with high integrity, intensity and spirit, Univision came out on top.
Weinstein Co. failed to attract serious offers from its bankruptcy auction Monday, leaving Dallas - based private equity firm Lantern Capital Partners as the...
The company was then won in a bankruptcy auction by Landry Inc.'s Tilman Fertitta, the Houston billionaire who owned Joe's Crab Shack in the 1990s before selling it in 2006 to JCS Holdings LLC for $ 192 million.
NCF Capital Ltd., the second - place bidder in the bankruptcy auction of Dowling College's Oakdale campus, will buy the 25 - acre property for $ 26.1 million after the winning bidder failed to close on its offer, court documents show.
As A123 heads to bankruptcy auction, the Department of Energy touts its new battery research center
The Massachusetts Institute of Technology Museum has bought the entire hologram collection of the defunct Museum of Holography for $ 180 000 at a bankruptcy auction.
Graham's father, a wealthy industrialist, bought the paper in 1933 at a bankruptcy auction, a fact not mentioned in the film, curious for a movie that spends a great deal of time talking about the paper's dire finances.
The venerable D.C. institution has been under the control of the Graham family since 1946, and in the 13 years before that was owned by Philip Graham's father - in - law, Eugene Meyer, who bought it at a bankruptcy auction.
Sega purchased the Company of Heroes franchise along with its developer Relic Entertainment for $ 26.6 million during THQ's bankruptcy auction in January.
Ubisoft acquired THQ Montreal during the ex-publisher's bankruptcy auction in January.
Nordic purchased the rights to several THQ franchises in 2013 as part of the defunct publisher's bankruptcy auction, including Darksiders and MX vs. ATV.
After Nordic Games acquired the Double Fine developed games Costume Quest and Stacking during THQ's bankruptcy auction in April, Double Fine announced it's intention to re-acquire the rights.
Voliton sadly lost the Red Faction IP when THQ went under and was sold off piecemeal during a bankruptcy auction.
A former Advanta Maintenance worker (Terry Diebold) acquired the Nintendo / PlayStation prototype as part of a lot during Advanta's 2009 bankruptcy auction.
The closing comes a week after a bankruptcy auction of Solyndra generated sales of $ 3.81 million, or less than 1 percent of the federal financing.
After all, TiVo did scoop up Aereo's trademarks and customer list at a bankruptcy auction.
(Bloomberg)-- A development site slated for an almost 1,000 - foot condo tower on Manhattan's far east side found a new owner through a bankruptcy auction Tuesday, removing a hurdle for construction after about a year of delays...
The appeals court stated that the lessees should've filed an objection to the bankruptcy auction before the bankruptcy court confirmed the auction.
U.S. District Court Judge Michael Hogan has approved bidding procedures for the sale of 149 seniors housing facilities operated by Sunwest Management, paving the way for a bankruptcy auction to be held on or about May 17...
Keen Consultants is organizing a bankruptcy auction...
A federal court has decided whether an attorney is entitled to receive a brokerage commission for bringing the successful bidder to a bankruptcy auction.
By auctions I mean foreclosure auctions, tax delinquent property auctions, private auctions, sheriff's sales, bankruptcy auctions and more.
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