Darren Pascarella

Darren Pascarella

Farrell Fritz, P.C.

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Party City Seeks to Monetize its Lease Portfolio Through Bankruptcy Auction Process

On December 21, 2024, Party City Holdco Inc. and certain of its subsidiaries initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas to accomplish an orderly wind down of its...more

1/21/2025  /  Bankruptcy Code , Bankruptcy Court , Chapter 11 , Commercial Bankruptcy , Commercial Leases , Corporate Restructuring , Creditors , Debt Restructuring , Debtors , Liquidation

Blink Holdings Closes Sales of Assets, Buyers Designate Assumed and Reserved Leases/Contracts

Blink Holdings, Inc. and certain of its subsidiaries and affiliates filed voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the District of Delaware in mid-August 2024. The debtors, indirect...more

12/16/2024  /  Bankruptcy Code , Chapter 11 , Commercial Bankruptcy , Debtors , Liquidity
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