December 08, 2015
Remnants of one of the nation's largest printing and direct marketing companies took a side door out of Chapter 11 on Tuesday as Vertis Holdings Inc. ended its third Delaware bankruptcy with a dismissal instead of a plan for continued operation.
July 14, 2014
The U.S. Trustee's Office on Monday blasted Vertis Holdings Inc.'s bid to approve a settlement with the advertising company's purchaser and dismiss its Chapter 11 cases, saying the motion violates the Bankruptcy Code.
November 27, 2012
A Delaware bankruptcy judge overruled the objections of the U.S. trustee and signed off Tuesday on a bonus program that could pay Vertis Holdings Inc. employees as much as $4.3 million, saying that while the plan was overreaching and top-heavy, it provided motivation toward a defined goal.
November 01, 2012
A Delaware bankruptcy judge on Thursday approved Vertis Holdings Inc.'s final $150 million debtor-in-possession financing package and bidding procedures for the company's planned sale, paving the way for an auction with rival Quad/Graphics Inc. as the $258.5 million stalking horse.
October 31, 2012
Vertis Holdings Inc. on Wednesday fired back at unsecured creditors who are challenging the direct marketing company's bankruptcy financing and plan to auction its assets, claiming their objections are merely "hold-up" tactics to secure a cut from the sale.