September 08, 2023
Home goods supplier Nova Wildcat Shur-Line Holdings Inc. asked a Delaware bankruptcy judge to convert its Chapter 11 bankruptcy to a Chapter 7 liquidation, saying the proceeds of the company's asset sale are insufficient to pay off its bankruptcy financing and the remainder of its assets will have to be used to cover that debt.
March 02, 2023
Bankrupt home goods supplier Nova Wildcat Shur-Line Holdings Inc. won tentative court approval Thursday for its Chapter 11 bankruptcy financing, sale process and key employee compensation plans after a soliloquy from a Delaware bankruptcy judge prompted renewed talks that resolved all objections.
February 01, 2023
The home goods distributor behind Shur-Line paint, Comfort Zone heaters, Bulldog security locks and MouseGuard rodent traps got court approval Wednesday to use $10 million of a $48.5 million bankruptcy loan, with plans to sell all its brands by the end of March to pay creditors owed more than $100 million.
January 30, 2023
Nova Wildcat Shur-Line Holdings Inc., also known as H2 Brands Group, filed for Chapter 11 bankruptcy protection in Delaware on Sunday with between $50 million and $100 million in liabilities, saying it had defaulted on a credit agreement and would sell its collateral in a series of private sales.