Motorcoach

Coach America reschedules sale auction date

Posted on April 17, 2012

Coach America Holdings Inc. rescheduled the sale auction date related to its Chapter 11 proceedings to April 25, 2012. The sale auction had originally been scheduled for April 18, 2012.

The one-week delay reflects the timely submission from the Pre-Petition First Lien Agent, pursuant to Section 9.1 of the Prepetition First Lien Credit Agreement, of its intent to submit a Credit Bid under Section 363 of the U.S. Bankruptcy Code.

As previously announced in January, Coach America Holdings Inc. and its U.S.-based subsidiaries filed to reorganize under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. More information about the Chapter 11 filing, which has been assigned case number 12-10010 (KG), is available here.

View comments or post a comment on this story. (0 Comments)

More News

U.S., Canada motorcoach sales up, ABA survey finds

For this study, a motorcoach — defined as a vehicle designed for long-distance transportation of passengers — characterized by integral construction with an elevated passenger deck located over a baggage compartment.

Prevost delivers X3-45 Commuter coaches to Southeastern Stages

The wheelchair accessible Prevost vehicles are equipped with comfortable seating for 55 passengers and feature reclining seats, footrests, power outlets and wireless internet access among other amenities.

MCI delivers 5 J4500s, 8 D4505s To Village Tours & Travel, Anchor Transportation

The D4505 recently received improvements, including dual 150-amp Denso alternators, new parcel racks that expand luggage capacity and the REI A/V system.

Bay Area 'tech' shuttle services growing, study says

During a three-year period (210-2014), the number of shuttle vehicles on Bay Area roadways jumped by more than 60 percent and ridership increased by 45 percent.

Arrow Stage Lines adds 5 MCI J4500s with enhanced Kiel seats, more

The new seating option delivers increased legroom, while also maximizing passenger comfort.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close