WebJan 12, 2024 · The bankruptcy filing arrives after Morphe shuttered all of its US stores last week. ADVERTISEMENT. Per its Chapter 11 proceedings, Forma will be taken over by a group of lenders, including Jefferies Finance and Cerbereus Capital Management, who are investing $33 million into the beleaguered company. WebJan 11, 2024 · Forma Brands, the parent company of Morphe, Morphe 2 and Lipstick Queen, is filing for Chapter 11 bankruptcy. According to a statement from Forma, …
National CineMedia (NCMI) Soared: Insight Into The Ch.11 …
WebJan 12, 2024 · The Chapter 11 filing allows Forma to keep operating while it seeks court approval of a restructuring plan. However, the company has already said it is closing all … WebJan 17, 2024 · Forma Brands, the parent company of Morphe, filed for bankruptcy in Delaware with plans to be taken over by lenders, including Jefferies Finance and Cerberus Capital Management. The Chapter 11 filing will allow the business to keep operating while it seeks court approval of a restructuring plan. WHO: Forma Brands (formerly known as … british school of amsterdam term dates
Morphe, parent company file for Chapter 11 bankruptcy
Web2 days ago · Forma Brands, LLC has completed the previously announced sale of substantially all of the company's assets to an investor group and the emergence of company operations from the restructuring process. The company filed for bankruptcy in late 2024. Brand under its umbrella at that time included Morphe, Lipstick Queen and … Web2 days ago · Debtors for FTX on Sunday filed a first interim report in bankruptcy court detailing various "control failures" involving the management of FTX's exchanges. A portion of the report dealt with cybersecurity failures, including those related to cryptocurrency storage, personnel, endpoint security and more. It also covered the November 2024 data ... WebJan 12, 2024 · Forma Brands, the parent company of influencer-hyped beauty brands including Morphe and Lipstick Queen, filed for Chapter 11 bankruptcy Thursday. The company said it had agreed to be sold to a group of its lenders, including Jeffries and Cerberus. The filing is the latest sign of trouble for the once red-hot company. Forma … cap industry