Reddy Ice

Business Bankruptcy Filings Are Down Substantially

It appears that businesses are not filing bankruptcy at a pace that was predicted earlier this year, after Kodak and Hostess filed their bankruptcy cases, and following AMR‘s fourth quarter filing in 2011.  See Where Are the Tidal Waves of Chapter 11… Read More ›

Reddy Ice to Exit Bankruptcy

On May 18, 2012, the Bankruptcy Court for the Northern District of Texas confirmed Reddy Ice’s chapter 11 plan, paving the way for the Company to exit bankruptcy.  The Company announced that it would be prepared to exit bankruptcy in… Read More ›

Leading Ice Company Trying to Expand while in Bankruptcy

On April 12, 2012, Reddy Ice filed for chapter 11 bankruptcy in the Northern District of Texas, revealing that it has secured $70 million in debtor-in-posssion financing, which will allow the Company to pay for operating and restructuring costs during its… Read More ›