Basic Fun, Inc.

  1. October 21, 2024

    Basic Fun Resolves Objection, Gets Nod For Ch. 11 Plan

    A Delaware bankruptcy judge agreed Monday to confirm the Chapter 11 restructuring plan of toymaker Basic Fun, saying the company's creditors had been adequately informed and he appreciated the work done to reach terms that satisfied all parties involved.

  2. September 30, 2024

    Basic Fun Drops Opt-Out Releases From Ch. 11 Plan

    A Delaware bankruptcy judge said Monday that he would allow toymaker Basic Fun to seek votes on its Chapter 11 restructuring plan after the debtor changed its third-party releases from opt-outs to opt-ins.

  3. August 19, 2024

    US Trustee Says Basic Fun Restructuring Deal Too Broad

    The U.S. Trustee's Office asked a Delaware bankruptcy judge to reject toymaker Basic Fun's restructuring support agreement, saying it would improperly pay creditor legal fees and include parties that are not involved in the bankruptcy.