December 11, 2023
Counsel for credit repair company PGX Holdings told a Delaware bankruptcy judge Monday that it has struck a $1.45 million deal with ex-employees claiming they were laid off with insufficient warning prior to the company's Chapter 11 filing.
October 27, 2023
Credit repair company PGX Holdings will have its Chapter 11 plan confirmation heard next week after a Delaware judge said Friday that claims brought by laid-off workers should be handled in separate proceedings in December.
October 25, 2023
Bankrupt credit repair firm PGX Holdings asked a Delaware bankruptcy court to confirm its Chapter 11 plan, saying it has the support of the entire capital structure following the sales of its business units.
October 24, 2023
An ex-employee of credit repair firm PGX Holdings asked a Delaware bankruptcy judge to reject the company's proposed Chapter 11 plan, saying it misclassified a $10.5 million litigation claim for allegedly laying off workers without WARN Act notice as a nonpriority, unsecured claim.
August 25, 2023
Bankrupt credit repair agency PGX Holdings Inc. received court approval Friday in Delaware for a sale of its assets after the debtor reached an agreement with federal regulators that resolves a long-running dispute in federal court.
July 31, 2023
Credit repair firm PGX Holdings Inc. told a Delaware bankruptcy judge Monday that it reached a global settlement agreement with its post-petition lenders and its creditors that allow Chapter 11 financing and sale procedures to be presented on a consensual basis.
June 22, 2023
The U.S. Trustee's Office has objected to the bidding procedures of credit repair firm PGX, saying a $1 million expense reimbursement proposed for the stalking horse bidder for its main business assets is unwarranted.
June 06, 2023
Bankrupt credit repair service PGX Holdings received court approval Tuesday in Delaware to access $12 million of its $20 million debtor-in-possession financing, which will allow the business to continue operating while funding its Chapter 11 case and pursuit of asset sales of its two operating silos.