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SS Body Armor I, Inc

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1:10-bk-11255

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November 25, 2015
Ex-DHB CEO Pushes Court To Halt $20M Loan In Ch. 11 Plan

The jailed ex-CEO of military body armor maker DHB Industries Inc. on Wednesday asked the Delaware bankruptcy court to halt a $20 million loan from disputed escrowed litigation funds until his several appeals in the Chapter 11 case are resolved, arguing that otherwise his claim to the money could be sunk.
April 07, 2015
Body Armor Co. Sues Jailed Ex-CEO's Brother In Ch. 11 Row

The bankruptcy estate of body armor maker Point Blank Solutions Inc. launched an adversary suit Monday in Delaware to block Jeffrey R. Brooks, the brother of Point Blank's jailed ex-CEO David Brooks, from compelling a shareholders meeting to elect a new board that would "torpedo" its reorganization.
April 02, 2015
Brother Of Jailed Body Armor Exec Wins Round In Ch. 11

Investors led by the brother of David Brooks — the jailed former CEO of bankrupt body armor maker DHB Industries Inc. — won a round in Delaware bankruptcy court Wednesday when a judge said an automatic Chapter 11 litigation stay doesn't preclude them from suing to compel a shareholder meeting.
November 26, 2014
DHB Investors Reach $37M Deal To Fund Ch. 11 Plan

The bankruptcy estate of military body armor maker DHB Industries Inc., felled by a massive insider-trading fraud, unveiled a settlement Tuesday with victimized company investors that hands them $37 million in disputed funds in exchange for their financing a liquidation plan.
October 28, 2011
Sun Capital's $36.6M Bid For Body Armor Co.'s Assets OK'd

Body armor maker Point Blank Solutions Inc. received a Delaware bankruptcy judge's blessing Friday to sell its assets for $36.6 million to an affiliate of Boca Raton, Fla.-based Sun Capital Partners Inc., which bested two other private equity firms in an auction.