The Distressed Debt Alert
Wick Building Systems Files Chapter 11
Wick Building Systems, the Mazomanie, Wis.-based manufacturer of modular buildings for homes, farms and businesses, filed for Chapter 11 bankruptcy.
Source: Press Release
Whitney Design Files Chapter 11 BankruptcyWhitney Design, a Hazelwood, Mo.-based importer and seller of household goods such as ironing boards, pads and covers and closet organizers, filed for Chapter 11 bankruptcy, the St. Louis Post-Dispatch reported.
Source: News Story
BlueHippo Funding Files Chapter 11BlueHippo Funding, a specialty merchandise lending company for people with poor credit, filed for Chapter 11 bankruptcy after the company's payment processor's bank froze its accounts, Reuters reported.
Source: News Story
Downtown Portland Real Estate Owner Files for Chapter 11Fountain Village Development, an owner and developer of historic downtown Portland, Ore., properties, filed for Chapter 11 bankruptcy.
Source: Court Filing
Icahn Outbids Penn National for Fountainbleau ProjectA subsidiary of Carl Icahn's Icahn Enterprises bid $155 million, topping Penn National Gaming's $145 million offer, to become the stalking horse bidder to purchase the bankrupt Fountainbleau hotel and casino project in Las Vegas, the Wall Street Journal reported.
Source: News Story
Axiant Files Chapter 11Axiant, a Huntersville, N.C.-based provider of legal collections services, filed for Chapter 11 bankruptcy and will be sold to NCO Group, a provider of accounts receivable outsourcing services, Reuters reported.
Source: News Story




