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ARMORWORKS ENTERPRISES, LLC

  1. January 05, 2015

    ArmorWorks Slams Houlihan Lokey's $1M Fees Request

    ArmorWorks Enterprises LLC on Friday blasted Houlihan Lokey Capital Inc.'s bid to collect $1.1 million in fees from an unsuccessful attempt to sell the bankrupt company, alleging the investment bank failed to find a buyer and breached its engagement contract.

  2. June 18, 2014

    PE Firm Gets ArmorWorks Majority Stake In New Ch. 11 Plan

    ArmorWorks Enterprises LLC filed on Tuesday an update to its plan to escape bankruptcy under the control of private equity firm Diversis Capital LLC, which agreed last month to pay $3 million for a majority stake in the defense contractor, according to documents filed Tuesday in Arizona bankruptcy court.

  3. May 28, 2014

    ArmorWorks Eyes Ch. 11 Exit After $3M PE Deal

    ArmorWorks Enterprises LLC has inked a deal to escape Chapter 11 under the control of private equity firm Diversis Capital LLC, which will pay $3 million for a majority stake in the defense contractor, according to documents filed Tuesday in Arizona bankruptcy court.

  4. January 17, 2014

    US Objects To ArmorWorks' Plan To Sell DOD Contracts

    The federal government on Thursday lodged an objection to the terms of the planned sale of certain assets of bankrupt defense contractor ArmorWorks Enterprises LLC, saying the armor maker's plan to authorize an independent representative to sell Department of Defense contracts violates federal law.

  5. October 25, 2013

    Squire Sanders Hit With Ouster Bid In ArmorWorks Bankruptcy

    ArmorWorks Enterprises LLC creditor C Squared Capital Partners LLC told an Arizona federal judge on Thursday that Squire Sanders cannot represent ArmorWorks in its bankruptcy case in any capacity, holding that the firm served as counsel to C Squared in directly related matters.

  6. September 19, 2013

    ArmorWorks Blasts Request For Ch. 11 Case Trustee

    ArmorWorks Enterprises LLC lambasted its creditors' request to appoint a Chapter 11 bankruptcy trustee on Wednesday, claiming that such an interloper would unnecessarily disrupt reorganization efforts and lose the Arizona business millions of dollars in military contracts.

  7. September 11, 2013

    ArmorWorks Creditors Urge Court To Appoint Ch. 11 Trustee

    Creditors of ArmorWorks Enterprises LLC urged an Arizona bankruptcy judge on Monday to appoint a Chapter 11 trustee amid a longtime feud over control of the company, offering in exchange to withdraw their motion to dismiss the military contractor's petition.

  8. August 28, 2013

    US Must Defend Delaying $2.9M Payments To ArmorWorks

    The U.S. Department of Defense needs to explain why it halted more than $2.9 million in contract payments to ArmorWorks Enterprises LLC if the agency doesn't want to be held in contempt for violating a bankruptcy-inspired automatic stay, an Arizona judge ordered on Tuesday.

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