Revlon, Inc.

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Case overview

Case Number:

1:22-bk-10760

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

September 15, 2022
Boy Scouts Plan Confirmed, Cineworld Hits Ch. 11

The Boy Scouts of America obtained approval for its Chapter 11 plan, the world's second-largest movie theater chain hit bankruptcy, and an examiner was appointed in the Celsius Network cryptocurrency case to investigate management's prepetition conduct. This is the week in bankruptcy.
September 14, 2022
Revlon Cleared For $36M Executive Bonuses In Ch. 11

A New York bankruptcy judge approved a proposed executive bonus plan that would pay up to $36 million to insiders of bankrupt makeup giant Revlon Inc., saying the plan included difficult to achieve benchmarks for the senior company leaders that would trigger the payments.
September 02, 2022
Sears, Boy Scouts Each Move Closer To Ch. 11 Resolutions

The yearslong dispute between Sears and its former CEO ended with a deal, the Boy Scouts of America took a giant leap toward confirmation, and crypto investment platform Celsius wants to release $56 million of digital assets. This is the week in bankruptcy.
August 25, 2022
Trustee Wants More Details On Revlon's $36M Ch. 11 Bonuses

The federal bankruptcy watchdog objected Thursday to a key employee incentive plan proposed by makeup seller Revlon Inc. that could pay insiders up to $36 million in bonuses, saying there isn't enough documentation to support the plan.
August 24, 2022
Revlon Minority Shareholders Denied Committee In Ch. 11

A group of minority shareholders of cosmetics maker Revlon Inc. lost its bid Wednesday to have an official committee of equity holders appointed in the Chapter 11 case after a New York bankruptcy judge said there are other entities representing the interests of shareholders.
August 10, 2022
Endo Teeters On The Edge, Revlon Equity Committee Sought

Endo Pharmaceuticals said it is close to filing for bankruptcy over its opioid liability, Revlon shareholders want representation in its Chapter 11 case, and a North Carolina judge said sanctions worked on asbestos claimants in the Bestwall bankruptcy. This is the week in bankruptcy.
August 09, 2022
Revlon Public Investors Seek Ch. 11 Committee Appointment

Shareholders of makeup giant Revlon Inc. on Tuesday asked for the appointment of an official committee to represent their interests, telling a New York bankruptcy court that their shares have value and they need adequate representation in the Chapter 11 case.
August 05, 2022
Scouts' Plan Mostly Approved, Jones Hit With $50M Verdicts

The Boy Scouts of America got a court's nod for the linchpin of its $2.7 billion Chapter 11 plan, the defamation damages trial of conspiracy theorist Alex Jones and his bankrupt media enterprise resulted in nearly $50 million in damages, and customers of cryptocurrency platform Voyager Digital can withdraw their cash from custodial accounts. This is the week in bankruptcy.
August 01, 2022
Revlon Gets OK For $1.4B Ch. 11 Financing Package

A New York bankruptcy judge Monday approved a $1.4 billion Chapter 11 financing package for Revlon Inc. over the objections of the company's unsecured creditors, saying the terms were ultimately fair and reasonable.
July 29, 2022
Revlon Judge Leans Toward Nov. Ch. 11 Plan Deadline

A New York bankruptcy judge on Friday said he would likely approve a Nov. 30 deadline for Revlon Inc. to file its Chapter 11 plan when he rules on the company's proposed $1.4 million bankruptcy financing package.