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Old BPSUSH Inc.

  1. October 24, 2019

    Ex-Performance Sports Execs Want Liquidation Trustee Out

    A group of former directors and officers for defunct sports equipment maker Performance Sports Group Inc. have asked a Delaware bankruptcy court to oust the liquidation trustee for PSG's Chapter 11 case, saying the trustee is threatening baseless lawsuits to pad out its own fees.

  2. June 01, 2018

    Easton Execs Strike Out On Bonus Pay

    A Delaware bankruptcy judge on Friday rejected the bids of three former Easton Baseball/Softball executives to get hundreds of thousands of dollars' worth of bonuses that they signed away during the asset sale and restructuring of Performance Sports Group Inc.

  3. April 04, 2018

    Ex-Bauer Execs Slam Ch. 11 Trustee's Stand On Pay Claims

    Two former executives of Bauer Hockey balked at a bankruptcy trustee's objections to their claims for hundreds of thousands of dollars each in pay, benefits and bonuses, telling a Delaware bankruptcy court Monday that it's the trustee's burden to show the claims aren't valid.

  4. December 20, 2017

    Performance Sports Wins OK For Ch. 11 Plan After $575M Sale

    Athletic equipment maker Performance Sports Group won confirmation Wednesday of its Chapter 11 plan to divvy up $575 million in sale proceeds after cutting several settlements that resolved a shareholder class action, ensured a full recovery for unsecured creditors and left money to go to equity holders.

  5. October 27, 2017

    Pension Fund Wins Seat At Performance Sports Ch. 11 Table

    Bankrupt athletic equipment maker Performance Sports Group on Friday reached a $3.6 million deal with a pension fund suing the company for allegedly misleading investors, putting to rest a dispute that had threatened to derail the debtor's pending Chapter 11 plan in Delaware bankruptcy court. 

  6. October 16, 2017

    Performance Sports, Pension Fund Spar Over Class Claim

    Bankrupt athletic equipment maker Performance Sports Group argued Monday in Delaware to disallow a potential class claim from a pension fund that alleges company brass misled investors about the company's financial performance and business plans before a restatement of its finances in 2016.

  7. October 06, 2017

    Performance Sports Investor Slams Bid To Ax Its Ch. 11 Claim

    The lead plaintiff in a securities fraud case against bankrupt Performance Sports Group accused the company's Delaware Chapter 11 equity committee Thursday of seeking to "eviscerate" a preemptive bankruptcy-recovery claim by the proposed class.

  8. September 26, 2017

    Shareholders Rip Performance Sports' Ch. 11 Disclosures

    Shareholders who sued Performance Sports Group in New York federal court rose in opposition Monday to the estate's Chapter 11 plan disclosure statement in Delaware bankruptcy court, arguing it describes an unconfirmable "gambit" to squelch their litigation claims and "hijack" any value left for speculators.

  9. July 18, 2017

    Performance Sports Recoups $8M From $575M Ch. 11 Sale

    A bankruptcy successor to Performance Sports Group resolved a $12 million dispute late Monday over the company's $575 million Chapter 11 sale to a private equity venture, with $8 million released from an escrow to the debtor's wind-down business.

  10. March 23, 2017

    Bank Seeks $2.2M Fee For $575M Performance Sports Sale

    Investment bank Centerview Partners LLC on Wednesday asked a Delaware bankruptcy court to sign off on a $2.2 million final fee for its work on Performance Sports Group Ltd.'s $575 million Chapter 11 sale last month.