SL Beverage Liquidation, LLC

  1. March 25, 2025

    Apparel Biz Delta's Ch. 11 Converted To Ch. 7

    A Delaware bankruptcy judge has granted a motion from the former owner of the Salt Life clothing and lifestyle business, Delta Apparel Inc., to transition its bankruptcy case from a Chapter 11 to a Chapter 7 liquidation, following the company's failure to secure enough funding to continue its reorganization proceedings.

  2. March 07, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    The U.S. Trustee's Office opposed Yellow Corp.'s Chapter 11 plan, saying its exculpation provisions cover ineligible people and entities. Bernie Madoff's liquidation trustee has begun doling out another $76 million to claimants. And clothing retailer Delta Apparel made a bid to pivot to a wind-down in its bankruptcy that was opposed by tax claimants in Texas.

  3. September 05, 2024

    Delta Apparel Gets $54M In Bids For Clothing Lines

    Clothing company Delta Apparel Thursday told a Delaware bankruptcy judge it had raised more than $54.4 million in an asset auction last week and settled a dispute over its Chapter 11 financing, and got the judge's go-ahead to hire a liquidator for its remaining inventory.

  4. August 22, 2024

    Delta Apparel, Creditors Get More Time To Work Out DIP Row

    A Delaware bankruptcy judge on Thursday tabled a decision on final approval of Delta Apparel's bankruptcy financing to give the clothing maker and its creditors more time to sort out disagreements over how the debtor-in-possession loan would affect recoveries in the Chapter 11 case.

  5. August 21, 2024

    Committee Says Delta Apparel DIP Loan Rips Off Creditors

    Delta Apparel's official committee of unsecured creditors asked a Delaware bankruptcy court to deny the clothing manufacturer final approval for its debtor-in-possession loan, saying it is a lopsided deal that let secured lenders run away with the entire value of the debtor's assets.