May 12, 2014
An attorney for bankrupt meatpacker Quantum Foods LLC said on Monday that its proposed $54 million sale to Oaktree Capital Management LP unit Raging Bull Acquisition Co. LLC had collapsed, with the former suitor suing to retrieve its deposit and the prospect for any alternative going-concern transaction grim.
April 17, 2014
An employee union at Quantum Foods LLC urged a Delaware bankruptcy judge Thursday to delay consideration of the meatpacker's planned $54 million sale to a unit of Oaktree Capital Management LP, saying the proposed deal violates existing labor contracts.
April 16, 2014
Meatpacker Quantum Foods LLC said Wednesday that it has canceled its planned Chapter 11 auction and is set to seek court approval for the $54 million stalking horse bid from a unit of private equity firm Oaktree Capital Management LP called Raging Bull Acquisition Co. LLC.
March 18, 2014
A Delaware bankruptcy judge gave meatpacker Quantum Foods LLC the go-ahead Tuesday for a sale plan with a unit of private equity firm Oaktree Capital Management LP called Raging Bull Acquisition Co. LLC stepping in as the new stalking horse bidder with a $54 million offer.