May 01, 2024
Once valued at $5.7 billion, Vice Media Group on Tuesday took an important step towards a bankruptcy exit as a smaller, more streamlined company when a New York judge said he would approve the company's liquidation plan, following a nearly year-long spell in Chapter 11.
April 30, 2024
A New York bankruptcy judge said at a hearing Tuesday he would confirm Vice Media's Chapter 11 liquidation plan, following a $350 million sale last year.
June 22, 2023
Vice Media told a New York bankruptcy judge Thursday that a Fortress Investment Group-led lender consortium's recently upped $350 million stalking horse credit bid had been the only qualified offer for its assets in its Chapter 11 case.
June 13, 2023
A New York bankruptcy judge Tuesday approved $60 million in Chapter 11 financing for Vice Media Group after hearing a deal had been struck to let unsecured creditors pursue litigation claims and potentially recover $12 million in the company's bankruptcy plan.
May 16, 2023
A New York bankruptcy judge told Vice Media Group on Tuesday that it must try to resolve objections from the U.S. Trustee's Office to its proposed $60 million debtor-in-possession financing package before it can take out the money to fund its Chapter 11 case.
May 15, 2023
Vice Media Group filed for Chapter 11 protection Monday in a New York bankruptcy court with $834 million in debt, saying it has a $225 million credit bid for the company from a creditor consortium.