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Malibu Lighting Files For Ch. 11

Law360, Wilmington (October 8, 2015, 12:25 PM EDT) -- Outdoor lighting manufacturer Malibu Lighting Corp. and two affiliates filed for Chapter 11 bankruptcy in Delaware bankruptcy court on Thursday, with a $37 million bid in hand for one of the three and plans to liquidate the other two after a relationship with main buyer Home Depot ended.

Malibu, a maker of outdoor and landscape lights, and Outdoor Direct Corp., a maker of grills and outdoor cookers, stopped receiving business from Home Depot this summer, according to Chief Restructuring Officer David Baker, who has been detailed...
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