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ZCO Liquidating Corporation

  1. January 30, 2015

    OCZ Trustee And Ex-Brass Spar Over Investigation

    Both sides of a dispute in Delaware bankruptcy court over the liquidation trustee for OCZ Technology Group Inc.'s estate's investigation into whether there are claims for creditors stemming from settlements in California with the company's former brass accused the other Friday of flouting judicial rules.

  2. December 22, 2014

    OCZ Trustee Says Class Action Plaintiffs Flouted Ch. 11 Stay

    The liquidation trustee for OCZ Technology Group Inc.'s estate told a Delaware bankruptcy judge Monday that the lead plaintiffs in a California class action against the debtor's former brass willfully violated the automatic stay by trying to push through a settlement and asked to be awarded damages.

  3. November 06, 2014

    OCZ Judge Delays $7.5M Deal For Trustee To Probe Claims

    A Delaware bankruptcy judge agreed Thursday to hold off allowing a $7.5 million settlement to go forward in a shareholder class action in California against OCZ Technology Group Inc.'s former brass for at least 120 days to permit the estate's liquidation trustee to go ahead with a claims investigation.

  4. October 30, 2014

    Investors Blast OCZ Trustee's Bid To Halt $7.5M Settlement

    The lead plaintiffs in a shareholder class action against bankrupt OCZ Technology Group Inc.'s former brass in California federal court blasted on Thursday an effort by the estate's liquidation trust to halt consideration of a $7.5 million settlement by asking the Delaware bankruptcy court to enforce Chapter 11's automatic stay.

  5. March 10, 2014

    OCZ Creditors Try To Stall $7.5M Deal With Investors

    Creditors of OCZ Technology Group Inc. urged a Delaware bankruptcy judge on Monday to not approve a proposed $7.5 million settlement of a shareholder class action, saying the deal shouldn't be blessed until they've had a chance to look into all the estate's claims.

  6. January 16, 2014

    Bankrupt OCZ Gets Nod For $35M Toshiba Sale

    A Delaware bankruptcy judge on Thursday signed off on the $35 million sale of OCZ Technology Group Inc. to stalking-horse bidder Toshiba Corp., which emerged as the only suitor for the troubled computer drive maker.

  7. January 14, 2014

    Toshiba Scoops Up OCZ After No Other Bids Appear

    Bankrupt computer-drive maker OCZ Technology Group Inc. is set to be sold to Toshiba Corp. for $35 million after a deadline passed and no competing offers were made, according to a filing in Delaware bankruptcy court Tuesday.

  8. January 03, 2014

    OCZ Technology Creditors Aim To Scuttle $2.4M Bonus Plan

    Unsecured creditors of OCZ Technology Group Inc. on Friday urged a Delaware bankruptcy judge to reject a bonus plan that could pay high-ranking employees nearly $2.4 million, saying the incentive payments won't help to lift the computer drive maker's value at auction.

  9. December 19, 2013

    Bankrupt OCZ Tech Gets Nod For Jan. Auction

    A Delaware bankruptcy judge on Thursday approved bidding procedures for computer drive maker OCZ Technology Group Inc., setting the stage for a Section 363 sale next month, with Toshiba Corp. in place as a $35 million stalking horse.

  10. December 13, 2013

    OCZ Tech's Auction Terms Chill Bidding, Trustee Says

    The U.S. Trustee's Office on Friday targeted the auction procedures for OCZ Technology Group Inc.'s upcoming bankruptcy sale, saying they contain conditions that serve only to protect Toshiba Corp.'s $35 million stalking horse bid from rival suitors.

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