In Form 10-Q filed on December 22, 2017, Iconix Brand Group, Inc. filed their unaudited financial statements for the quarterly period ended September 30, 2017. Due to certain developments, including the recent decision by Target Corporation not to renew the existing Mossimo license agreement and by Walmart, Inc. not to renew the existing DanskinNow license…

This article is excerpted from New Generation Research’s The Turnaround Letter. George Putnam, III has been sharing market-beating stock recommendations and timely commentary since 1986. One of the longest-running investment newsletters on the market today, Putnam’s Turnaround Letter is also one of the top ranked: The annualized return on Turnaround Letter stock picks over the past 15 years is 11.7%,…

Protea Biosciences Group’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court an objection to the Debtors’ emergency settlement motion between the Debtors and Azurrx Biopharma. The committee asserts, “The Committee has not had the opportunity to fully review and discuss the Settlement Motion with the Debtors and their counsel. The Debtors’ Settlement…

Appvion’s official committee of unsecured creditors filed with the U.S. Bankruptcy Court a stipulation requesting entry of an order approving amending final D.I.P. order to extend the challenge period of the official committee of unsecured creditors as it relates to pre-petition second lien secured parties and related liens and claims. Documents filed with the Court…

Privately-held Wong Potatoes, Inc. filed for Chapter 11 protection from the U.S. Bankruptcy Court in the District of Oregon, case number 17-63785. The Company is led by President Daniel George Chin and represented in bankruptcy proceedings by Thomas W. Stilley of Sussman Shank. Wong Potatoes is a family-owned business located in Oregon’s Klamath basin. The…

Hyperdynamics and affiliated Debtor SCS Corporation filed for Chapter 7 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 17-36831. The Company, which engages in the acquisition, exploration and development of oil and natural gas properties in Northwest Africa, is represented by Joshua W. Wolfshohl of Porter Hedges. According…

Appvion filed with the U.S. Bankruptcy Court a motion to extend exclusivity period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including March 30, 2018 and May 29, 2018, respectively. The motion explains, “The Exclusive Filing Period and the Exclusive Solicitation Period are currently set to expire…