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NJOY, Inc.

  1. November 07, 2017

    NJOY Asset Buyers Must Turn Over Docs To Ch. 7 Trustee

    Buyers behind a $30 million purchase of e-cigarette maker NJOY's assets after it declared bankruptcy will now have to answer to its Chapter 7 trustee, who's seeking information for possible lawsuits over preferential transfers and breaches of fiduciary duty, a Delaware bankruptcy judge ruled Monday.

  2. November 02, 2017

    E-Cig Waste Mediation Broached In NJOY Ch. 7

    A trustee for the Chapter 7 estate of former e-cigarette maker NJOY Inc. told a Delaware bankruptcy judge on Thursday that talks are under way on the mediation of disputes over disposal of the defunct company's abandoned products — now branded as hazardous waste.

  3. October 18, 2017

    Reynolds Balks At NJOY Trustee's Ch. 7 Investigation

    Tobacco giant Reynolds American Inc. on Tuesday fought back against an investigation by the Chapter 7 trustee for bankrupt e-cigarette maker NJOY Inc., telling a Delaware bankruptcy court it is not a creditor, had next to no relationship with NJOY and has already turned over all requested documents.

  4. September 15, 2017

    E-Cig Trustee Taps Cozen As GC, Fox Rothschild In D&O Case

    A Delaware bankruptcy court Thursday gave the Chapter 7 trustee for bankrupt e-cigarette maker NJOY Inc. the green light to employ Cozen O'Connor as general counsel and Fox Rothschild LLP as special counsel to investigate possible claims against the debtor's former officers and directors.

  5. August 18, 2017

    Bankrupt E-Cig Co. Asserts Disposal Of Inventory Is Harmless

    The Chapter 7 trustee for e-cigarette maker NJOY Inc. on Friday asked a judge to approve the abandonment of 3,400 pallets of e-cigarettes at a warehouse whose owner says proper disposal of the products will cost $800,000, given the lithium batteries and tobacco they contain.

  6. July 20, 2017

    NJOY Bankruptcy Converted To Ch. 7

    A Delaware bankruptcy judge agreed Wednesday to convert the Chapter 11 bankruptcy of e-cigarette maker NJOY Inc. to a Chapter 7, following a $30 million asset sale and the departure of its last remaining executive.

  7. June 28, 2017

    Change NJOY Bankruptcy To Ch. 7, Unsecured Creditors Say

    The unsecured creditors of bankrupt e-cigarette maker NJOY Inc. moved on Wednesday to convert the case to a liquidation after the company's only remaining executive recently stepped down, saying NJOY's only assets now consist of claims against him and other former higher-ups at the company.

  8. May 12, 2017

    Trustee Will Oversee Bankrupt E-Cig Maker NJOY's Estate

    A Delaware bankruptcy judge on Thursday appointed a Chapter 11 trustee to oversee bankrupt e-cigarette maker NJOY Inc.'s estate after the company claimed it has no employees or directors permitted to make business decisions.

  9. April 25, 2017

    NJOY Seeks Ch. 11 Trustee To Administer Rest Of Its Case

    Attorneys for bankrupt e-cigarette maker NJOY Inc. asked a Delaware bankruptcy judge Tuesday to appoint a trustee to act on behalf of the debtor's estate because it has no employees or directors remaining that are authorized to make business decisions.

  10. March 30, 2017

    NJOY Unsecured Creditors Get Green Light To Go After Brass

    The unsecured creditors committee in the NJOY Inc. Chapter 11 case was granted standing Wednesday to assert what it believes are fraudulent conveyance claims against the company's executives, who the creditor group claims stymied the e-cigarette maker's ability to be profitable in the long term.