Delaware Organizational Meeting – TK Holdings, Inc.

Upcoming Committee Formation Meeting:  Thursday, July 6, 2017 10:00AM Case Name: 17-11375 (BLS) Location: The Double Tree Hotel, 700 N. King Street, Wilmington, DE 19801 Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here.  See the petitions for relief under Chapter 11, First Day Declaration and the press release. View Full Post
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New Delaware Chapter 11–TK Holdings, Inc.

TK Holdings, Inc., a subsidiary of Takata Corporation, and eleven (11) of its subsidiaries and affiliates have filed petitions for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 17-11375).  The First Day Declaration cites the massive recall (over 124,000,000 units worldwide) of Takada’s phase-stabilized ammonium nitrate airbag inflators as the primary cause of its filing.  View Full Post
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New Delaware Chapter 11 Filing – CST Industries Holdings, Inc. (17-11292-BLS)

CST Industries Holdings Inc., a provider of steel storage tanks, aluminum geodesic domes, and specialty covers used to store, among other things, architectural and agricultural products, oil and gas, and two of its affiliates, has filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware (Lead Case No. View Full Post
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How Today’s Employers Can Avoid the Heat with Their Unpaid Summer Internship Programs

By | Employment Law | May 25, 2017
Memorial Day weekend is upon us: the weather is getting warmer, colleges are out of session, and high schools are winding down towards final exams.  More than just the start of Summer, this means Summer Intern season has officially arrived.  As students and job applicants are entering an ever-increasingly competitive job market, resumes beefed up with internship experiences are almost essential in most industries.  View Full Post
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