AIO US, Inc.
Case Number:
1:24-bk-11836
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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September 23, 2024
Decline And Fall: Brand Empires That Hit Bankruptcy
When food container maker Tupperware filed for Chapter 11 in Delaware last week, disclosing more than $1 billion in liabilities and plans for a quick sale, it became the latest iconic brand to seek relief from financial woes in bankruptcy court, following in the footsteps of giants from Rite Aid to RadioShack.
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September 05, 2024
Healthcare Cos. Using Ch. 11 As Life Support In 2024
Several healthcare companies, including ventilator maker Vyaire Medical Inc. and hospital operator Steward Health Care System, have filed for bankruptcy this year, citing issues like a post-pandemic revenue drop and ballooning expenses colliding with declining government reimbursements.
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August 23, 2024
Retailers That Sunk Into The Red And Hit Ch. 11 In 2024
Major retail companies including Express Inc., Conn's Inc., Avon Products, Sam Ash Music, and Rue21 have filed for bankruptcy this year, citing industry challenges stemming from the lasting impacts of the COVID-19 pandemic, rising interest rates and inflationary pressures.
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August 19, 2024
Ex-Judge Jones Beats Conspiracy Suit, Robertshaw Plan OK'd
A Texas federal judge has thrown out a racketeering lawsuit alleging a conspiracy involving Kirkland & Ellis, Jackson Walker, ex-bankruptcy judge David R. Jones and an attorney with whom he had a romantic relationship, but a separate judge decided to sanction Jones for meeting with Jackson Walker for an "off-the-record" interview. This is the week in bankruptcy.
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August 15, 2024
Meet The Attorneys In Avon Products' Ch. 11 Case
A team of attorneys from Richards Layton & Finger PA and Weil Gotshal & Manges LLP is handling the bankruptcy case of Avon Products Inc., the non-operational holding company for the iconic cosmetics brand's entities abroad.
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August 14, 2024
Foundation For A Bankruptcy: Behind Avon's Ch. 11 Filing
The holding company for cosmetic giant Avon's international businesses entered bankruptcy in the U.S. this week, seeking to manage talc-related liabilities it has accrued, including damages that juries in Illinois and California assigned it to pay for the cancer diagnoses of a maintenance worker and an Avon customer, respectively.
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August 14, 2024
Avon Products Gets OK To Tap $43M DIP During Ch. 11 Case
A Delaware bankruptcy judge on Wednesday greenlighted cosmetics giant Avon Products Inc.'s request to borrow part of a $43 million financing package to support itself during its Chapter 11 case.