June 28, 2023
A New Jersey bankruptcy judge rejected Wednesday a request to revoke Bed Bath & Beyond's $240 million in Chapter 11 financing, saying it would be unfair to undo the loan based on information company officials could not have known when they asked for the loan.
June 27, 2023
A New Jersey bankruptcy judge Tuesday gave Bed Bath & Beyond the go-ahead to sell its intellectual property to online retailer Overstock.com Inc. after hearing the debtor had gotten no qualifying offers to beat Overstock's $21.5 million bid.
June 22, 2023
A New Jersey bankruptcy judge has given the green light for Overstock.com to enter into a $21.5 million deal with Bed Bath & Beyond to buy certain assets, nearly two months after the home goods retailer filed for Chapter 11 protection with $5.2 billion in debt as sales slumped and stores shuttered.
June 14, 2023
A New Jersey bankruptcy judge Wednesday gave final approval for retailer Bed Bath & Beyond to receive $240 million in debtor-in-possession financing, including $40 million of new money, from Sixth Street Specialty Lending Inc. and affiliates.
May 31, 2023
The unsecured creditors of Bed Bath & Beyond told a New Jersey bankruptcy judge on Wednesday that they have reached a preliminary agreement with the providers of the retail chain's $240 million Chapter 11 financing package.
April 24, 2023
A New Jersey bankruptcy judge Monday gave retail chain Bed Bath & Beyond permission to take out $40 million in new Chapter 11 financing on terms that will see it wind down if it can't find a buyer in the next month and a half.
April 23, 2023
Home goods retailer Bed Bath & Beyond filed its long-anticipated bankruptcy Sunday morning, seeking Chapter 11 protection in New Jersey bankruptcy court with $5.2 billion in debt after years of declining sales and store closures.