Prospect News: News for Velocity Express Corp.

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Bank Loans - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products

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Prospect News home > Main news index > All issuers starting with V > Issuers starting with V, DD only > All stories on Velocity Express Corp. > Stories on Velocity Express Corp., DD only

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Market: BK = Bank loans, CV = Convertibles, DD = Distressed Debt, EM = Emerging Markets, HY = High Yield, IG = Investment Grade, LM = Liability Management, MU = Municipals, PP = PIPEs, PF = Preferreds, PV = Private Placements, SP = Structured Products
Recent items, highlighted in orange, are $4.00 each. All others are $1.00 each. Headlines in gray are not currently covered by your subscription.

Velocity Express Corp.

11/12/2013	DD	Former Velocity Express cannot pay its claims; judge dismisses case
9/24/2013	DD	Former Velocity Express wrapping up claims, contemplating dismissal
9/5/2012	DD	Former Velocity Express Corp. case proceeding with preference actions
1/14/2010	DD	Velocity Express name changed to VEC Liquidating Corp. following sale
1/6/2010	DD	Velocity Express posts $940,000 operating loss for Oct. 25 to Nov. 21
12/7/2009	DD	Velocity Express posts $2.21 million loss for Sept. 27 to Oct 24
11/6/2009	DD	Velocity Express sells substantially all assets to ComVest subsidiary
10/16/2009	DD	Velocity Express granted final access to $14 million DIP facility
10/14/2009	DD	Velocity Express unsecured creditors object to proposed DIP financing
10/6/2009	DD	Velocity Express three-member unsecured creditors committee appointed
9/25/2009	DD	Velocity Express granted interim access to $14 million DIP financing
9/25/2009	DD	Velocity Express looks to sell assets to senior noteholder company
9/24/2009	BKDDHYPVSS	Velocity Express files bankruptcy, looks to sell assets to ComVest
9/4/2009	DDHYPV	Velocity Express CEO's buyout group entity agrees to buy senior notes
8/20/2009	DDHYPV	Velocity Express recapitalization deal terminated; preferred stockholders fail to deliver consents
8/4/2009	DDHY	Velocity Express, management group ink recapitalization agreement
7/2/2009	BKDD	Velocity Express defaults on Burdale Capital Finance loan agreement

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