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

MCI delivers first Commuter Coach to Broward County

Designed for higher speeds, the Buy-America-compliant, Altoona-tested MCI Commuter Coach uses a high-floor design that raises passengers and the driver above traffic, along with a long-travel suspension for a smooth ride.

79th Trailways conference slated for Calif.

The Trailways Annual Stockholders Meeting and Conference is a private gathering comprised of only Trailways Transportation owners and representatives. Located throughout North American and parts of Europe, these privately owned or operated bus and coach companies are affiliated with the well-known respected Trailways brand.

MCI introduces Web-based learning, ramps up 2015 training schedule

The Learning Management System works with smart phones and tablets as well as PCs and Macs, allowing technicians to access the modules at their work stations

CH Bus delivers Temsa TS-45 to Texas

Arrow Trailway’s TS 45 coach has seating for 56 passengers and includes quality features such as 110-volt plugs with USB ports, Alcoa Durabright wheels, REI monitors, and side and driver shades.

ABC delivers Van Hool CX45s to Mich., Wis.

METRO's 2015 Innovative Operator BLue Lakes Charter and Tours takes delivery of four, while incoming ABA Chairman John Meier of Badger Coach and Badger Tour & Travel took delivery of his new vehicle at ABA's Marketplace in January.

See More News

Post a Comment

Post Comment

Comments (0)

Please sign in or register to .    Close