November 10, 2014
Aurobindo Pharma USA Inc. was the top bidder in a Monday auction for bankrupt nutritional supplement maker Natrol Inc. with a $132.5 million bid, well above an $84 million stalking horse bid that had been provided by private equity firm ICV Partners last week.
November 04, 2014
ICV Partners on Monday appeared as an unexpected stalking horse bidder for bankrupt nutritional supplement maker Natrol Inc., providing an $84 million cash offer — $15 million more than a previous floor.
October 23, 2014
A Delaware bankruptcy judge on Thursday gave Natrol Inc. the green light to hold a November auction, blessing a process that allows potential suitors to submit offers either to acquire the nutritional supplement maker's assets or refinance its debt.
September 29, 2014
Nutritional supplement maker Natrol Inc. on Monday asked a Delaware bankruptcy judge to bless a slate of bid procedures establishing a timetable for a Section 363 sale, including a November auction of the company's assets.
July 30, 2014
A Delaware bankruptcy judge on Wednesday blessed a settlement between nutritional supplement maker Natrol Inc. and private equity lender Cerberus Business Finance LLC, removing the specter of litigation that threatened to bog down the vitamin company's reorganization plans.
July 16, 2014
Bankrupt nutritional supplement maker Natrol Inc. made peace with major secured lender Cerberus Business Finance LLC on Tuesday, reaching a settlement that would give the debtor access to much-needed cash and see the private equity lender bury its bid to appoint a Chapter 11 trustee.
June 19, 2014
A Delaware bankruptcy judge on Thursday allowed Natrol Inc. to use cash collateral to pay employees expecting their checks Friday, as the nutritional supplement maker had its first hearing since seeking court protection a week ago amid calls from a major private-equity lender to appoint a Chapter 11 trustee.