TITLE

The Return of the Calvinball Era

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
June 2009
SOURCE
Mergers & Acquisitions Report;6/8/2009, Vol. 22 Issue 23, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article explores the return of the Calvinball era in the bankruptcy sale process in the U.S. Calvinball refers to the ad-libbed playground game dreamed up on the comic strip "Calvin & Hobbes." The Calvinball era is characterized by contrasting processes and rules surrounding each bankruptcy sale. It relates the ambiguity in the bankruptcy sale of Foamex International to Wayzata Capital Investment Partners and the bankruptcy sale of Lenox Group. It discusses the influence of politicians in the bankruptcy sale of Emerisque Brands.
ACCESSION #
44148272

 

Related Articles

  • Acquisition Improv. MacFadyen, Ken // Mergers & Acquisitions Report;7/6/2009, Vol. 22 Issue 27, p13 

    The article focuses on the changing landscape of the bankruptcy sale process. According to the author, over the past 20 years, the process has become more predictable and a number of factors affect the standardization slowly built into the system. To demonstrate, the case of Wayzata Capital...

  • Hartmarx Accepts Emerisque Bid. Davis, Avram // Mergers & Acquisitions Report;6/1/2009, Vol. 22 Issue 22, p23 

    The article reports on the decision of Hartmarx Corp., a men's clothing manufacturer, to accept the 119 million U.S. dollars bid from Emerisque Brands U.K. Ltd. Hartmarx has filed for bankruptcy protection in January 2009. It has decided to explore bids for its remaining assets not include in...

  • MatlinPatterson, Black Diamond Seal Foamex Deal. MacFadyen, Ken // Mergers & Acquisitions Report;6/1/2009, Vol. 22 Issue 22, p8 

    The article reports on the deal won by private equity firms MatlinPatterson and Black Diamond Capital Management from foam products maker Foamex International. The offer is valued at 155 million U.S. dollars. Foamex initially agreed to an all-cash transaction with Wayzata Capital Investment...

  • Emerisque: Hartmarx Bid Is Third And Last. Young, Vicki M. // WWD: Women's Wear Daily;5/21/2009, Vol. 197 Issue 107, p6 

    The article reports that London, England-based private equity firm Emerisque has confirmed its interest in acquiring bankrupt Hartmarx Corp. Confirming the presence of the company's offer, a spokeswoman told that this is Emerisque's third and final bid in a process, which has been lengthy and...

  • Hartmarx Purchase Finalized. Young, Vicki M. // WWD: Women's Wear Daily;8/10/2009, Vol. 198 Issue 29, p2 

    The article reports that Emerisque Brands U.K. Ltd. and SKNL North America B.V. have completed the acquisition of the assets of bankrupt Hartmarx Corp. The assets of Hartmarx are now under the newly formed company Hartmarx Operating Co. LLC. Ajay Khaitan, founder of Emerisque and vice chairman...

  • Wells Fargo Raises Hartmarx Deal Doubts. Young, Vicki M. // WWD: Women's Wear Daily;6/1/2009, Vol. 197 Issue 113, p2 

    The article reports that Wells Fargo & Co. has charged that the company Emerisque lacked the money to buy the U.S. apparel firm Hartmarx Corp. Fargo, the lead agent for the group of banks providing financing to Hartmarx, said that the offer from Emerisque doesn't ensure jobs at Hartmarx's...

  • Hartmarx Bidding Focuses On Three Firms. Young, Vicki M.; Scott, A. // WWD: Women's Wear Daily;4/23/2009, Vol. 197 Issue 86, p8 

    The article reports that Mistral Equity Partners, Emerisque and Yucaipa Cos. have been left as finalists in the bidding for bankrupt Hartmarx Corp. as a going concern. New York-based Mistral Equity Partners is said to have submitted the highest bid of the three private equity firms bidding for...

  • Fees Said Putting Hartmarx Sale In Peril. Young, Vicki M. // WWD: Women's Wear Daily;7/29/2009, Vol. 198 Issue 20, p2 

    The article offers an update on the proposed acquisition of bankrupt Hartmarx Corp. by London, England-based Emerisque Brands. Reportedly, the parties in the acquisition are set to close the deal but some representatives sought to have the purchaser guarantee their fees. According to some...

  • S Kumars, Emerisque Brands to Acquire Hartmarx.  // EmergingMarketsNOW;5/29/2009, p7 

    The article reports that India-based apparels firm S. Kumars Nationwide Ltd., and a Great Britain-based private equity (PE) firm, Emerisque Brands, have signed an agreement to jointly acquire the bankrupt U.S.-based suit maker firm Hartmarx Corp. The deal is estimated to be worth USD 119...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics