January 17, 2024
Amazon brand aggregator Benitago Inc. received a New York bankruptcy judge's approval Wednesday to exit Chapter 11 with a plan to hand control of its business to lender CoVenture, allowing the company to shed about $85 million in debt and reorganize.
December 20, 2023
Amazon brand aggregator Benitago Inc. has proposed a new disclosure statement for its Chapter 11 plan that eliminates language the U.S. trustee referred to as a "death trap" earlier in the day.
October 30, 2023
Amazon brand aggregator Benitago Inc. received interim approval from a New York bankruptcy judge Monday to use cash collateral and its cash-management system after the company and the Office of the U.S. Trustee agreed to table potential disputes about the orders until a later hearing.
August 31, 2023
Amazon brand aggregator Benitago Inc. has filed for Chapter 11 protection in New York bankruptcy court with $94.6 million in debt, saying it can't keep up with the loans it took out during the online shopping heyday of the early COVID-19 pandemic.