July 27, 2023
A Texas bankruptcy judge on Thursday approved a $34.5 million settlement between the bankrupt retail chain Tuesday Morning and its creditors and the company's request to convert its case to a Chapter 7 liquidation.
May 18, 2023
Debtor-in-possession financing lender Invictus Global Management is opposing the proposed use of cash collateral by bankrupt retailer Tuesday Morning Corp. on an interim wind-down budget, saying there is only enough money to pay the DIP claims.
May 05, 2023
The unsecured creditors of Tuesday Morning Corp. asked a Texas bankruptcy judge to require the retail chain to produce information on its pre-Chapter 11 finances, saying they have questions about the company's actions after it last emerged from bankruptcy in 2020.
April 27, 2023
A Texas bankruptcy judge on Thursday approved the sale of bankrupt retailer Tuesday Morning to Hilco Merchant Resources, which won an auction last week with a $32 million bid.
April 26, 2023
Bankrupt retailer Tuesday Morning Corp. reached a deal with its Chapter 11 lender that resolves a dispute between the parties over a request for funding that had not been honored by the lender, according to court documents Wednesday.
April 24, 2023
A Texas bankruptcy judge urged bankrupt retail chain Tuesday Morning Corp. to continue discussions with its Chapter 11 lender Monday to try to come up with a deal on the debtor's request for funding under the bankruptcy loan in an effort to avoid continued "warfare" in the case.
March 10, 2023
Bankrupt discount goods chain Tuesday Morning Corp. reported that it had moved ahead Friday with a new, contested $12.5 million debtor in possession loan in Texas, despite objections from a first lender that provided a $15 million interim DIP loan but balked at completing a stalking horse sale offer.
February 16, 2023
In a late Wednesday evening ruling after a highly contentious virtual hearing, a Texas bankruptcy judge gave discount home goods chain Tuesday Morning permission to tap into $15 million of bankruptcy financing to keep the lights on for next two weeks of its newly filed Chapter 11 case.
February 14, 2023
Home goods retailer Tuesday Morning Corp. filed for Chapter 11 protection in a Texas bankruptcy court Tuesday, saying it needs to deal with more than $100 million in debt and has plans to close down more than half its stores.