June 06, 2016
Unsecured creditors of bankrupt dye and detergent marketer Phoenix Brands LLC called for a rework of the company’s fast-moving Chapter 11 sale plan Monday, saying current terms unfairly or improperly benefit bidders whose $22.7 million in combined offers would set the pace for any others.
May 27, 2016
Dye and detergent producer Phoenix Brands LLC has tapped Morrison Cohen LLP and Pachulski Stang Ziehl & Jones LLP as co-counsel for its American Chapter 11 case and Osler, Hoskin & Harcourt LLP to represent its Canadian affiliate as the company gears up for a three-way bankruptcy sale.