Parlement Technologies, Inc.

  1. November 04, 2024

    Purdue Buys Time For Creditor Deal, Eletson Plan Confirmed

    Facing a litigation stay deadline after the U.S. Supreme Court overturned its Chapter 11 plan, OxyContin maker Purdue Pharma was given a new one-month extension of the stay so that its creditors and the Sacklers can continue mediating to settle claims.

  2. November 01, 2024

    Ex-Parler Owner Has $6.3M Buyer In Ch. 11

    A Delaware bankruptcy judge Friday said he will approve the $6.35 million sale of the former owner of conservative social media platform Parler if the final deal sparks no objections after it is put on file.

  3. July 23, 2024

    Ex-Parler Owner Proposes Ch. 11 Sale Plan, Creditor Deal

    The former owner of conservative social media platform Parler filed proposed Chapter 11 bidding procedures in Delaware court late Monday along with a settlement with its senior secured creditor that will return $300,000 to the estate.

  4. July 22, 2024

    Giuliani In Limbo, Guo Faces Ch. 11 Trustee Suit

    The court-appointed watchdog for Miles Guo's bankruptcy has unpaused a civil racketeering conspiracy case against the Chinese billionaire after his criminal RICO case resulted in a conviction, ex-New York City mayor Rudy Giuliani's Chapter 11 case has still yet to be dissolved, and a new bankruptcy judge has ascended to the bench in New York.

  5. July 16, 2024

    Parler's Ex-Owner Can't Broaden Automatic Stay, Court Says

    A Delaware bankruptcy judge denied a bid by Parler's former owner to extend its bankruptcy stay to nondebtors in a lawsuit the company is facing, saying U.S. Supreme Court precedent barring certain third-party releases didn't apply but the company hadn't shown it was entitled to the request.

  6. April 16, 2024

    Ex-Parler Owner Files For Ch. 11 With Over $10M Debt

    The former owner of conservative-leaning Twitter alternative Parler filed for Chapter 11 protection in Delaware bankruptcy court Tuesday with more than $10 million in debt.