Court Approves 363 Sale of The Bon-Ton Stores to Second-Lien Group, Tiger Capital, Great American

Court Approves 363 Sale of The Bon-Ton Stores to Second-Lien Group, Tiger Capital, Great American
MILWAUKEE, April 18, 2018 — The Bon-Ton Stores, Inc. announced that the U.S. Bankruptcy Court for the District of Delaware has approved an asset purchase agreement between the Company and a joint venture composed of the holders of the Company’s 8.0% Second Lien Secured Notes due 2021 and Great American Group, LLC  and […]

Continue Reading >Court Approves 363 Sale of The Bon-Ton Stores to Second-Lien Group, Tiger Capital, Great American

Toys ‘R’ Us Winds Down U.S. Business, Will Liquidate 735 Stores

Toys “R” Us Winds Down U.S. Business, Will Liquidate 735 Stores
Boston, March 15, 2018 — Toys “R” Us filed a motion seeking bankruptcy court approval to begin the process of conducting an orderly wind-down of its U.S. business and liquidation of inventory in all 735 of the company’s U.S. stores, including stores in Puerto Rico. Toys “R” Us will provide more details about the plans for the […]

Continue Reading >Toys ‘R’ Us Winds Down U.S. Business, Will Liquidate 735 Stores

Online Auction Set for Mobile Production Units From LMG

Online Auction Set for Mobile Production Units From LMG
LOS ANGELES, April 3, 2018 /PRNewswire/ — Tiger Group is currently accepting bids for the sale of fully equipped mobile mid-size production trucks from industry leader Live Mobile Group (LMG). The professionally maintained equipment is located at four sites in California, Louisiana, New Jersey and Ohio.

Established in August 2015, Live Mobile Group, a division of Live Media […]

Continue Reading >Online Auction Set for Mobile Production Units From LMG

Tiger Group, New Mill, Federal Equipment to Host Asset Auction for HRD-Marcus Oil

Tiger Group, New Mill, Federal Equipment to Host Asset Auction for HRD-Marcus Oil
Tiger Group, New Mill Capital and Federal Equipment will conduct an online auction on April 5 of the assets formerly owned by HRD-Marcus Oil.

The offering for the polyethylene wax plant’s expansive, well-maintained assets includes production, process, lab and packaging equipment; cooling towers; an extensive truck fleet; plant support equipment; and office furniture and […]

Continue Reading >Tiger Group, New Mill, Federal Equipment to Host Asset Auction for HRD-Marcus Oil

Tiger Group Expert: Retail’s Downward Slide to Continue in 2018

 Tiger Group Expert: Retail’s Downward Slide to Continue in 2018
NEW YORK, Feb. 28, 2018 /PRNewswire/ — Retailer bankruptcy filings in 2017 approached numbers not seen since the Great Recession—a trend that will continue for the rest of this year and likely into 2019 as well, writes Michael McGrail, Chief Operating Officer of Tiger Group, in a column for ABL Advisor, an online publication serving the asset-based […]

Continue Reading >Tiger Group Expert: Retail’s Downward Slide to Continue in 2018

Online Auction Set For Assets of Tribogenics

Online Auction Set For Assets of Tribogenics

Tiger Group selling laboratory and manufacturing equipment, machine shop, inventory, office furniture and equipment, and other assets of X-Ray materials analysis company via online auction on March 6
Feb 20, 2018, 8:35am EST
LOS ANGELES, Feb. 20, 2018 /PRNewswire/ — By order of the assignee for the benefit of creditors, Tiger Group is conducting an online auction for the well-maintained assets of […]

Continue Reading >Online Auction Set For Assets of Tribogenics

Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Bruce Passen, a 40-year veteran of the debt purchasing field and former principal of Bikaver Group and CEO of Hilco Receivables, has joined Tiger Group as Managing Director of the company’s newly-formed Tiger Receivables division.

Based in Chicago, Passen will direct all account receivables (A/R) purchase activities for the asset valuation, advisory and disposition services firm. His role […]

Continue Reading >Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List

Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List
Toys “R” Us will soon be hosting going-out-of-business sales at over 150 of its stores across the country.

The chain’s CEO David Brandon announced on Tuesday that the toy retailer would be closing a number of its stores after filing for bankruptcy, planning to close a total of some 180 […]

Continue Reading >Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List

Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Bruce Passen, a 40-year veteran of the debt purchasing field and former principal of Bikaver Group and CEO of Hilco Receivables, has joined Tiger Group as Managing Director of the company’s newly-formed Tiger Receivables division.

Based in Chicago, Passen will direct all account receivables (A/R) purchase activities for the asset valuation, advisory and disposition services firm. His role […]

Continue Reading >Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Tiger Group Appoints Chad Farrell, Managing Director in Commercial & Industrial Division

Tiger Group Appoints Chad Farrell, Managing Director in Commercial & Industrial Division

Tiger Group, a provider of asset valuation, advisory and disposition services, announced that Chad Farrell has joined the firm’s Commercial & Industrial Division as Managing Director. Farrell brings to Tiger deep experience in the disposition, valuation, and auction of machinery, equipment, inventory, and real property. He also offers significant experience in the creation of […]

Continue Reading >Tiger Group Appoints Chad Farrell, Managing Director in Commercial & Industrial Division