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September 27, 2024

AGG’s Restructuring Roundup newsletter is a monthly update of legal issues and news affecting or related to commercial litigation and bankruptcy. The newsletter is a curation of published articles and news, and contains original content developed by AGG’s Bankruptcy, Creditors’ Rights, & Financial Restructuring attorneys.
 
Industry News
 
September 25, 2024 (AOL)
Vertex Energy, Inc (NASDAQ:VTNR) shares are tumbling lower at a premarket on Wednesday.
 
September 25, 2024 (Britannica)
The erstwhile retail giant renowned for its Blue Light Specials — featuring a flashing blue orb affixed to a pole enticing shoppers to a flash sale — is shuttering its last full-scale store in the mainland United States.
 
September 24, 2024 (The Wall Street Journal)
This month, Red Lobster emerged from bankruptcy.
 
September 24, 2024 (Reuters)
A New Jersey judge said on Tuesday that Johnson & Johnson's talc subsidiary may pursue bankruptcy in the Texas court of its choice for now, declining to immediately take over the company's third attempt at bankruptcy after previous efforts failed in his court.
 
September 24, 2024 (MSN.com)
Less than 48 hours after a court appointed trustee filed for Chapter 7 bankruptcy against The Turkey Leg Hut, a Texas judge denied the motion.
 
September 23, 2024 (Associated Press)
Wrena, LLC, a leading full-service automotive supplier of stamped structural, tubular components, assemblies, and fine blank components, today announced that it has voluntarily filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Eastern District of Michigan to pursue a sale of the company’s assets.
 
September 21, 2024 (CBS News)
Tupperware, the iconic brand that was once a staple of American kitchens, filed this week for bankruptcy, citing what it called "macroeconomic challenges."
 
 
AGG's Bankruptcy, Creditors' Rights, & Financial Restructuring Team
 
September 27, 2024 (agg.com)
AGG's Bankruptcy, Creditors' Rights, & Financial Restructuring team provides valuable knowledge and experience in the areas of commercial debt restructuring, settlements, bankruptcy trusteeships, fiduciary work, and bankruptcy and creditors’ rights litigation.