August 27, 2014
A Delaware bankruptcy judge on Wednesday blessed Event Rentals Inc.'s Chapter 11 plan, which sets up a liquidating trust to dole out proceeds remaining from the party planner's $125 million asset sale.
June 12, 2014
Bankrupt party planner Event Rentals Inc. submitted its Chapter 11 plan to the bankruptcy court in Delaware on Wednesday, saying it intends to create a liquidation trust that will include the $125.5 million received after selling itself to private equity giant Apollo Global Management LLC.
April 22, 2014
Bankrupt party planner Event Rentals Inc. announced Tuesday it would sell itself as a going concern to funds managed by investment giant Apollo Global Management LLC, which beat out the $124 million stalking horse bidder at a Chapter 11 auction.
February 18, 2014
A group of bankrupt Event Rentals Inc.'s senior lenders led by Cerberus Capital Management LP affiliate Ableco Finance LLC has lodged a $124 million stalking-horse credit bid for the debtor, which has provided services for big-ticket events like the Super Bowl and Academy Awards, the company said Tuesday.
February 14, 2014
Event Rentals Inc. and about a dozen affiliates, which provide services for galas such as the Academy Awards and the Super Bowl, filed for Chapter 11 protection late Thursday, a victim, the CEO says, of the economic downturn that forced organizations to cut back on discretionary and entertainment spending.