7/1/2009 | DD | Propex name change approved, reflects asset sale with Xerxes
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6/19/2009 | DD | Propex files plan of liquidation to distribute remaining assets, cash
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6/10/2009 | DD | Propex asks for court approval to change name to reflect asset sale
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4/28/2009 | DD | Propex bidder Black Diamond Capital appeals DIP loan repayment order
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4/15/2009 | DD | Propex granted court OK to repay DIP loan with asset sale proceeds
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4/13/2009 | DD | Propex seeks court OK to repay DIP loan amid Black Diamond threats
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3/30/2009 | DD | Propex $82 million asset sale approved
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3/23/2009 | DD | Propex asks court to disqualify competing bid made against stalking horse bid
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3/23/2009 | DD | Propex gets pension protection from PBGC
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3/23/2009 | DD | Propex motion to disqualify competing bid made against stalking horse bid denied
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3/9/2009 | DD | Propex gets court approval of bid procedures for $61.5 million sale of assets
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2/18/2009 | DD | Propex sets bid procedures for sale of substantially all assets
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2/9/2009 | DD | Propex granted final approval for $65 million replacement DIP loan
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1/28/2009 | DD | Propex granted court approval for $65 million replacement DIP loan
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1/22/2009 | DD | Propex creditors committee objects to $65 million replacement DIP; hearing postponed
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1/20/2009 | DD | Propex negotiates $65 million replacement DIP loan in light of impending maturity
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12/31/2008 | DD | Propex granted court approval of $65 million exit financing agreement
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12/31/2008 | DD | Propex granted one-month exclusivity extension
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12/12/2008 | DD | Propex seeks approval of $65 million exit financing agreement
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12/9/2008 | DD | Propex requests two-month exclusivity extension to finalize exit financing
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10/30/2008 | DD | Propex files reorganization plan; exit financing, new stock earmarked for lenders, unsecured creditors
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10/17/2008 | DD | Propex granted nine-day exclusivity extension
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10/16/2008 | DD | Propex unsecured creditors say further exclusivity extension would violate court orders
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10/3/2008 | DD | Propex asks court to approve settlement eliminating lawsuit with Shaw Industries
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10/2/2008 | DD | Propex posts $2.2 million in August EBITDA
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9/23/2008 | DD | Propex files lawsuit against BNP Paribas, claims lenders schemed to force bankruptcy and to gain control
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8/21/2008 | DD | Propex granted two-month exclusivity extension
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8/18/2008 | DD | Propex unsecured creditors committee says company does not need exclusivity extension
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7/29/2008 | DD | Propex requests two-month exclusivity extension to continue plan negotiations
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7/22/2008 | DD | Propex creditors committee looks to investigate 'clandestine' DIP loan amendment
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6/25/2008 | DD | Propex granted court approval of $3.1 million sale of Alto facility
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6/12/2008 | DD | Propex executive agreement extensions approved
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6/11/2008 | DD | Propex granted OK to continue making contributions to employee pension plans
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6/9/2008 | DD | Propex asks for court approval of $3.1 million sale of Alto facility
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5/28/2008 | DD | Propex records $1.1 million in EBITDA for month ended May 4
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5/21/2008 | DD | Propex asks for court approval to continue contributing to employee pension plans
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5/20/2008 | DD | Propex seeks court OK to extend employment of three 'vital' executives
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5/14/2008 | DD | Propex granted three-month exclusivity extension instead of requested five months
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5/1/2008 | DD | Propex posts $800,000 EBITDA for four weeks ended March 30
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4/24/2008 | DD | Propex seeks five-month exclusivity extension
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4/9/2008 | DD | Propex granted court approval for employee incentive plan linking bonus payments to EBITDA
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4/9/2008 | DD | Propex granted court approval of employment agreement with Woody McGee
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4/1/2008 | DD | Propex extends CRO employment term to 18 months
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3/27/2008 | DD | Propex posts EBITDA of $1.8 million for four weeks ended March 2
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3/26/2008 | DD | Propex granted court approval of bid procedures for Dalton property sale
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3/20/2008 | DD | Propex requests court approval of employee incentive plan linking bonus payments to EBITDA
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3/20/2008 | DD | Propex hires McGee as CRO following resignation of CEO
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2/26/2008 | DD | Propex sets bid procedures for Dalton property sale
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2/13/2008 | DD | Propex obtains final order for $60 million DIP facility
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1/25/2008 | DD | Propex unsecured creditors committee appointed
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1/23/2008 | DD | Propex $20 million interim DIP approved, final hearing Feb. 13
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1/22/2008 | BKDDHY | Moody's drops Propex
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1/22/2008 | BKDDHY | S&P cuts Propex
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1/18/2008 | DD | Propex files Chapter 11 bankruptcy, obtains commitment for $60 million DIP facility
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1/14/2008 | BKDDHY | Moody's drops Propex
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1/7/2008 | BKDDHY | S&P lowers Propex
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10/26/2007 | BKDD | Propex fails to comply with financial covenants, hires Houlihan Lokey as advisor
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10/9/2007 | BKDDHY | Moody's cuts Propex
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10/9/2007 | BKDDHY | S&P: Propex on watch
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10/5/2007 | BKDD | Propex 'likely' to miss financial benchmarks, will seek waiver
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