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

UMA offers support for operators in flooded midwestern communities

Heavy rains have led to declarations of emergencies in South Dakota, Nebraska, and Wisconsin and a disaster proclamation in Iowa.

MCI names new director, pre-owned coaches

Brian Lichter will be responsible for leading MCI’s pre-owned sales team and will be based in the Des Plaines, Illinois MCI Sales and Service Center.

New Van Hool TDX prototype features special HEPA filtration system

The new system is designed to offer a significant reduction in particle counts down to the smallest concentration.

ABC Companies names new Sr. VP, Financial Services

Prior to joining ABC Companies, Gregg Goedde worked for GE Capital in public finance and financing for the motorcoach industry.

Flixbus launches southern U.S. network

The company plans to add more cities in Louisiana, Oklahoma, and Texas to the network throughout spring 2019.

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