BowFlex Inc.
Case Number:
1:24-bk-12364
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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April 16, 2024
Retired Judge Carey Dies, Fraudster Charged, Diocese Bails
The bankruptcy bench in Delaware lost a well-respected colleague, retired Judge Kevin J. Carey, while federal court officials made good on efforts to root out fraud in the nation's bankruptcy courts, and a New York Catholic diocese moved to end its Chapter 11 case without a reorganization plan after abuse claimants roundly rejected its proposal.
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April 15, 2024
BowFlex's $37.5M Ch. 11 Asset Sale Gets Green Light
A New Jersey bankruptcy judge on Monday approved fitness equipment maker BowFlex Inc.'s sale of assets to its stalking-horse bidder after canceling an auction, saying the company was accepting a fair offer.
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March 28, 2024
BowFlex DIP Approved After Increasing Investigation Budget
Fitness equipment maker BowFlex Inc. received final approval Thursday from a New Jersey bankruptcy judge of its $25 million debtor-in-possession package after agreeing to an increased investigation budget for the unsecured creditors committee.
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March 08, 2024
BowFlex OK'd For April Auction, $37.5M Stalking Horse Bid
Fitness equipment maker BowFlex Inc. received a New Jersey bankruptcy judge's approval Friday to sell its U.S. and Canada businesses at an auction next month, setting it up to repay its debtor-in-possession loan and draw up a Chapter 11 liquidation plan.
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March 06, 2024
BowFlex Gets OK For $25M DIP, Plans On April Sale
A New Jersey bankruptcy judge on Wednesday gave BowFlex permission to draw on $25 million in Chapter 11 financing as the exercise equipment company heads for what it said will be an April asset sale.