True Religion Brand Jeans, burdened by an expensive pile of debt, on Monday filed a pre-pack Chapter 11 petition that will hand control of the Los Angeles company over to creditors. Under a deal with lenders, TowerBrook Capital Partners, the New York private equity firm that owns the denim company, will cut True Religion’s debt...
NYS Entity Status
NYS Filing Date
SEPTEMBER 05, 2014
NYS DOS ID#
CT CORPORATION SYSTEM
111 EIGHTH AVENUE
NEW YORK, NEW YORK, 10011
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2014 - BLUEHENGE CAPITAL SECURED DEBT SBIC, L.P.
Around the Web
- True Religion files for bankruptcy
By Post Staff Report - Wednesday Jul 5, 2017
- Martin Shkreli is found guilty of fraud
By Stephanie Clifford and Colin Moynihan - Friday Aug 4, 2017
NEW YORK — Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in U.S. District Court in Brooklyn, N.Y.Shkreli was accused of securities and wire fraud related to two hedge funds he ran, MSMB Capital and MSMB Healthcare.The prosecution brought forth an “avalanche” of evidence, as prosecutor Jacquelyn Kasulis put it in her rebuttal argument, that included a threatening letter he sent to the wife of a former employee, statements he sent to MSMB investors showing great returns at the same time he had no money in fund accounts, three versions of a backdated agreement to make it look as if MSMB Capital had invested in Retrophin when it had not, as well as claims about assets under management that were wildly out of line with his actual fund size.
- Ann Arbor Unicorn: After $70M Series D, Duo Security Valued at $1.1B
By Sarah Schmid Stevenson - Wednesday Oct 18, 2017
[Updated at 1:05 p.m. on 10/17/2017 to add comments from Duo CEO Dug Song; see below.] Ann Arbor, MI-based cybersecurity startup Duo Security today announced that it has closed on a Series D financing round valued at $70 million, bringing the company’s total valuation to $1.17 billion just seven years after its inception. According to […]
- NY Caribbean fest revels amid security; some violence nearby
Monday Sep 4, 2017
NEW YORK (AP) — Revelry, cultural pride and newly tightened security mixed Monday at one of the largest U.S. celebrations of Caribbean communities, as the city tried to ensure safety at an event that has been marred by nearby violence. But some still happened.One man was shot and another stabbed near the Caribbean Carnival parade route Monday evening, police said. Still, officials noted, an early morning pre-parade celebration unfolded safely after its start time was moved to try to avoid trouble.
- NY AG presses TransUnion, Experian for cybersecurity details
By DAVID KLEPPER, Associated Press - Tuesday Sep 19, 2017
ALBANY, N.Y. (AP) — New York Attorney General Eric Schneiderman is pressing TransUnion and Experian to explain what cybersecurity they have in place to protect sensitive consumer information following a recent breach at Equifax that exposed the data of 143 million Americans.In letters to executives at the two credit monitoring companies, the Democratic attorney general asked them to describe their existing security systems as well as what changes they've made since the Equifax cyberattack."The unprecedented data breach experienced by Equifax Inc.
- Hedge funder says Puerto Rico is better off with massive debt
By Carleton English - Saturday Oct 21, 2017
Expunging Puerto Rico’s massive debt load is “impractical” and will harm the island more than help it, according to one hedge fund investor. Erasing the debt will hurt not only the hedge funds that own the debt but will also have a “devastating effect” on Puerto Ricans who own the debt, said Seth Klarman, of...