North Texas Bancshares of Delaware, Inc.

  1. June 04, 2014

    North Texas Bancshares Wins Ch. 11 Confirmation

    A Delaware bankruptcy judge confirmed bank holding company North Texas Bancshares Inc.'s Chapter 11 plan Wednesday over the objection of the U.S. Trustee's Office, which took issue with some provisions that granted liability releases to the debtor, its brass and employees, and a multitude of other parties.

  2. December 13, 2013

    Bank Holding Co.'s Ch. 11 Asset Sale Gets Nod

    A Delaware bankruptcy judge gave the green light Friday to holding company North Texas Bancshares Inc.'s sale of its interests in Dallas-based Park Cities Bank to Olney Bancshares of Texas Inc., after hearing about a global settlement that upped the winning bid to nearly $11.2 million.

  3. December 11, 2013

    Jilted Stalking Horse Wants Dallas Bank Auction Reopened

    The stalking horse bidder in the bankruptcy auction for holding company North Texas Bancshares Inc.'s interests in Dallas-based Park Cities Bank on Wednesday blasted the debtors' selection of Olney Bancshares of Texas Inc.'s $10.7 million bid as the winner over its offer and asked that the bidding be reopened.

  4. December 06, 2013

    Holding Co.'s Sale Of Dallas Bank Lacks Details, Creditors Say

    Unsecured creditors of bankrupt holding company North Texas Bancshares Inc. objected Friday to the company's proposed $7.4 million sale of its interests in Dallas-based Park Cities Bank, saying they lack key data needed to evaluate the deal.

  5. November 20, 2013

    Bankrupt Holding Co.'s Plan To Sell Dallas Bank OK'd

    A Delaware bankruptcy judge gave approval on Wednesday for holding company North Texas Bancshares Inc. to auction its interests in Park Cities Bank in a $7.4 million stalking horse transaction over the objections of a slew of unsecured creditors, who argued the deal protections were much too stringent.

  6. November 01, 2013

    Holding Co.'s Creditors Rip Plan To Sell Dallas Bank

    The collateral manager for a group of unsecured creditors of North Texas Bancshares Inc. on Friday blasted the bank holding company's plan to auction its interests in Park Cities Bank as a "sham" that will just enrich insiders while leaving unsecured creditors out in the cold.

  7. October 21, 2013

    Bank Holding Co. DIP Request On Hold Amid Creditor Worries

    North Texas Bancshares Inc.delayed its request for $750,000 in bankruptcy financing extended by stalking horse bidder Park Cities Financial Group Inc. on Monday after a surprise wave of concern from unsecured creditors emerged at the bank holding company's first-day hearing in Delaware.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!