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OSH 1 Liquidating Corporation

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Case overview

Case Number:

1:13-bk-11565

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. December 20, 2013

    Bankrupt Orchard Supply Gets Nod For Ch. 11 Plan

    A Delaware bankruptcy judge on Friday gave his blessing to Orchard Supply Hardware Stores Corp.'s Chapter 11 plan after the debtor's estate resolved objections from parties including the Internal Revenue Service.

  2. December 18, 2013

    Orchard Supply Shoots Down IRS Objection To Ch. 11 Plan

    Orchard Supply Hardware Stores Corp. fired back Wednesday against the Internal Revenue Service's objection to its Chapter 11 reorganization plan, saying the fact it hadn't yet filed its 2013 tax return didn't mean it couldn't pay $8 million in back taxes.

  3. December 13, 2013

    Orchard's $8M Tax Debt Spurs IRS Objection To Ch. 11 Plan

    The Internal Revenue Service threw a wrench into the Chapter 11 reorganization plan of Orchard Supply Hardware Stores Corp. Friday, telling the Delaware Bankruptcy Court it objects to the plan because the company's financial future does not guarantee payment of its $8 million tax debt.

  4. September 04, 2013

    Judge OKs Orchard Bankruptcy Deal With Lenders, Creditors

    A Delaware bankruptcy judge on Wednesday approved a settlement allowing bankrupt home and garden retailer Orchard Supply Hardware Stores Corp. to end a dispute with senior lenders and unsecured creditors by giving them most of the $205 million from an asset sale to Lowe's Home Improvement LLC.

  5. August 20, 2013

    Bankrupt Orchard Gets OK For $205M Sale To Lowe's

    A Delaware bankruptcy judge on Tuesday blessed Orchard Supply Hardware Stores Corp.'s $205 million deal to sell the bulk of its assets to industry giant Lowe's Home Improvement LLC, which will acquire 72 home and garden stores from the California chain.

  6. August 12, 2013

    Lowe's $205M Bid Reels In Bankrupt Hardware Co.

    With no other emerging bids, bankrupt Orchard Supply Hardware Stores Corp. is going ahead with Lowe's Home Improvement LLC's $205 million stalking horse bid to pick up the bulk of the chain's stores and keep them operating as going concerns, Lowe's said Monday.

  7. August 06, 2013

    Bankrupt Orchard Supply Gets OK For $3M Exec Bonus Plan

    A Delaware bankruptcy judge gave his OK on Tuesday to Orchard Supply Hardware Stores Corp.'s up-to $3 million executive bonus plan over the objections of the U.S. Trustee's Office, which argued the key goal to land a potential buyer was already met when the retail chain entered bankruptcy.

  8. August 01, 2013

    Bankrupt Chain Slams Trustee Opposition To $3M Bonus Plan

    Orchard Supply Hardware Stores Corp. blasted opposition Thursday to a bonus plan that could pay top brass of the bankrupt home-and-garden chain more than $3 million for landing a buyer, claiming the U.S. trustee is judging the deal with misplaced hindsight.

  9. July 15, 2013

    Bankrupt Hardware Chain Gets Nod For $177M DIP

    Home-and-garden retailer Orchard Supply Hardware Stores Corp. won final approval for its $177 million debtor-in-possession financing package Monday, when a Delaware bankruptcy judge gave it the green light over the opposition of creditors who claimed a portion of the loan package was unnecessary and wasteful.

  10. July 08, 2013

    Bankrupt Hardware Co. On Track To Be Scooped Up By Lowe's

    A Delaware bankruptcy judge signed off on Orchard Supply Hardware Stores Corp.'s revised bid procedures Monday, paving the way for an auction of the home-and-garden chain next month, in which Lowe's Home Improvement LLC is the $205 million stalking horse bidder.

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