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ASHINC Corporation
Case Number:
1:12-bk-11564
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January 25, 2013
Allied Creditors Move To Bury Owner Yucaipa's Claims
Creditors of Allied Systems Holdings Inc. launched an adversary complaint Friday in Delaware bankruptcy court seeking to subordinate the claims of the debtor's private equity owner Yucaipa Cos. Ltd. to those of other lenders and recover damages from Yucaipa's billionaire head Ron Burkle, among others.
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October 25, 2012
Allied Creditors Can't Delay Hearing For NY Proceeding
A Delaware bankruptcy judge on Thursday refused the request of certain Allied Systems Holdings Inc. creditors to delay an upcoming hearing in the car hauler's Chapter 11 until after a New York state judge heard their suit.
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July 12, 2012
Allied Systems Gets Green Light For $20M DIP Loan
Car transporter Allied Systems Holdings Inc. won final approval Thursday for $20 million of debtor-in-possession loans in Delaware bankruptcy court after unsecured creditors wrested concessions from DIP lender and insider Yucaipa Cos. LLC.
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June 12, 2012
Car Hauler Allied Systems Secures $20M DIP Package
A Delaware bankruptcy judge on Tuesday gave interim approval to a $20 million debtor-in-possession financing package for Allied Systems Holdings Inc., allowing the majority private-equity-owned car transport company access to $10 million in funds to address its operating expenses.
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June 11, 2012
Car Transporter Allied Systems Driven To Ch. 11
Atlanta-based Allied Systems Holdings Inc. sought Chapter 11 bankruptcy protection from a Delaware court Sunday, less than a month after the automotive transporter and another affiliate were made the subject of an involuntary petition filed by a group of their creditors.
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June 04, 2012
Car Transport Co. Can't Shuttle Ch. 11 Case Out Of Del.
A Delaware bankruptcy judge on Friday denied Atlanta-based Allied Systems Holdings Inc.'s motion seeking to shift the venue of its involuntary Chapter 11 to Georgia, ruling the alleged debtors did not meet the burden of proof that fell to them.
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