When Joann filed for Chapter 11 bankruptcy on Jan. 15, it identified the firm Gordon Brothers Retail Partners as the ...
Conducting an asset sale through a bankruptcy auction — a Section 363 sale — is an effective and common M&A tool for a distressed company.
The US Bankruptcy Court for the Northern District of Ohio in In re Parkcliffe Development, LLC, Case No. 24-30814 (JPG) entered an order on January 28, 2025 denying a stalking horse bidder’s motions ...
When Joann filed for Chapter 11 bankruptcy on Jan. 15, it identified the firm Gordon Brothers Retail Partners as the "stalking horse' bidder," the party that stands ready to assume ownership if ...
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