Bison Building Materials

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Bison Posts $506K Loss in November

Bison Building Materials, in Chapter 11 bankruptcy, incurred a $506,038 net loss in November on a continued decline in revenues and an uptick in debts over 91 days past due. The latest numbers boosts the net losses at Bison, America's 14th-biggest LBM operation, to $2.9 million since it filed for protection from creditors on June 28. More

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Bison Seeks Credit Extension, Makes Deals

Bison Building Materials, America's 14th-biggest LBM operation, asked a bankruptcy judge to let it extend its debtor-in-possession financing facility by one month to Jan. 29. Meanwhile, the Houston-based dealer is reaching compromises with several of its major vendors that will end hundreds of thousands of dollars worth of claims against it. More

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FoxGal Closes Facilities in Three States

Foxworth-Galbraith Lumber Co. will close facilities in San Antonio and Sulphur Springs, Texas; Tucson, Payson and Lakeside, Ariz.; and Pueblo, Colo. "While these changes are painful, they are necessary to align our cost structure with our revenue and demand from our local markets," the company said in a memo to employees. More

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Bison Posts $563K Loss for October

Bison Building Materials and its related units reported a net loss of $563,323 in October, its fourth full month under Chapter 11 protection from creditors. That pushes to $2.4 million the Houston-based company's net loss since filing for bankruptcy-law reorganization. More

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Bison Posts $437K Loss for September

Bison Building Materials, the No. 14 dealer on the More

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Judge Kills 11 Leases Held by Bison Building Materials

A federal bankruptcy judge freed Bison Building Materials from 11 property leases that it said had contributed to the financial problems that forced it to seek Chapter 11 bankruptcy protection. More

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Bison, in Ch. 11, Seeks To Reject 10 Leases

Bison Building Materials has asked a U.S. Bankruptcy Court in Houston to reject 10 leases that it maintains helped cause the financial distress that led it to file for Chapter 11. Judge Wesley Steen is scheduled to hear the company's request on Aug. 10. More

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Bison Forecasts $2.2M Negative Cash Flow Thru October

Bison Building Materials is forecasting it will accumulate a negative net cash flow through Halloween reaching $2.2 million as it seeks to reorganize and emerge from Chapter 11 bankruptcy. More

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Bison's Ch. 11 Hearing Delayed

A federal bankruptcy judge in Houston delayed by one week a hearing on Bison Building Materials' Chapter 11 filing. Judge Wesley W. Steen pushed the date for the next hearing to the morning of July 24. More

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Bankruptcy Judge Grants Bison's Initial Ch. 11 Requests

A federal bankruptcy court judge today granted Bison Building Materials' opening requests under Chapter 11 protection, set a final hearing for July 15, and extended until Aug. 27 the deadline for Bison to reveal its financial plans and list of top unsecured creditors. More

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