united states bankruptcy court district of delaware

Real Mex Restaurants Files for Bankruptcy in Delaware, Hoping to Sell Assets Under a Section 363 Sale

Jason Cornell
October 23, 2011 21:48

Introduction On October 4, 2011, Real Mex Restaurants, Inc. ("Real Mex") filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware.  In addition to Real Max, several of the company's subsidiaries also filed for bankruptcy...

Security National Properties Files for Bankruptcy in Delaware, Citing Unpredictability of the Financial Markets

Jason Cornell
October 20, 2011 01:27

Introduction On October 17, 2011, commercial real estate developer Security National Properties Funding III, LLC ("Security National"), and certain affiliates filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware.  Based in...

A Closer Look at the Friendly's Bankruptcy Proceeding

Jason Cornell
October 07, 2011 19:14

Introduction As reported in the media, Friendly's Ice Cream Corporation ("Friendly's"), filed petitions for bankruptcy this week in the United States Bankruptcy Court for the District of Delaware.  According to the Declaration of Friendly's CFO (the "Declaration" or...

A Closer Look at the NewPage Bankruptcy

Jason Cornell
September 11, 2011 23:22

On September 7, 2011, NewPage Corporation ("NewPage" or "Debtors") filed petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware.  As stated in NewPage's Declaration in Support of First Day Motions (the "Declaration" or...

An Update on the Deb Shops Bankruptcy

Jason Cornell
July 14, 2011 14:48

Introduction On June 26, 2011, clothing retailer Deb Shops, Inc. ("Deb") and its related entities filed petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware.  This post will look at why Deb filed for bankruptcy, the scope of the company's...