February 4, 2025
Intangible Assets

Bankrupt Party City announces sale of IP, wholesale assets

Listen to this article A month after declaring Chapter 11 bankruptcy for the second time in two years, Party City says it has found a buyer. In a Jan. 24 press release, the Woodcliff Lake-based specialty retailer announced a stalking horse agreement to sell “substantially all of its intellectual property and related wholesale operating intangible

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Operating Assets

TabaPay Agrees To Acquire Struggling Synapse’s Assets

getty Payment processor TabaPay said it has agreed to acquire the operating assets of Synapse Financial Technologies, a troubled banking-as-service fintech. According to TabaPay, the sale follows Synapse’s filing today of a Chapter 11 bankruptcy petition, meaning the deal must be approved by the bankruptcy court. The sale would move San Francisco-based Synapse’s lending, brokerage

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