Tag Archives: bankruptcy

First Brands files for bankruptcy, revealing billions of dollars in liabilities  Reuters Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions  The Wall Street Journal Welcome to the First Brands debt jungle  Financial Times First Brands and Tricolor Are Signs of What’s to Come  Bloomberg.com First Brands Group Initiates Voluntary U.S. Chapter 11 Cases to Stabilize Financial Position and Facilitate Value-Maximizing Transaction  Business Wire …

Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions  The Wall Street Journal Welcome to the First Brands debt jungle  Financial Times First Brands Group Initiates Voluntary U.S. Chapter 11 Cases to Stabilize Financial Position and Facilitate Value-Maximizing Transaction  Business Wire Fram and Trico parent files for Chapter 11 bankruptcy protection  Automotive News Auto-Parts Supplier First Brands Files for Bankruptcy  Bloomberg.com Source link

First Brands Group Holdings has filed for Chapter 11 bankruptcy, capping weeks of turmoil sparked by creditor concern over the auto-supplier’s use of opaque off-balance sheet financing. A group of creditors are set to provide the company with $1.1 billion in debtor-in-possession financing to keep operations running, according to a statementBloomberg Terminal Monday. Without court protection, creditors had been unwilling …

US auto parts supplier files Chapter 11 bankruptcy; ‘billions in debt’  TheStreet Goldman Has ‘Serious Doubts’ First Brands Will Avoid Bankruptcy  Bloomberg.com Auto Parts Maker First Brands Prepares for Bankruptcy Filing  Transport Topics First Brands’ lenders race to rescue car parts supplier as debt woes rattle markets  Financial Times Fram and Trico owner First Brands preps for Chapter 11 bankruptcy filing, report says  Automotive News …

Iron Hill Brewery To Close All Locations Immediately And File For Bankruptcy  Breweries in PA Iron Hill Brewery has closed all locations  Inquirer.com Iron Hill Closes All Locations In Five States, Lays Off Workers  First State Update Iron Hill Brewery & Restaurant closes all locations, including Wilmington & Rehoboth Beach  The News Journal Popular brewpub chain permanently closes, files for bankruptcy  PennLive.com Source link

Greek restaurant chain files for Chapter 7 bankruptcy, closes  TheStreet Source link

A former Meta executive who wrote an explosive exposé making allegations about the social media company’s dealings with China and its treatment of teenagers is said to be “on the verge of bankruptcy” after publishing the book. An MP has claimed in parliament that Mark Zuckerberg’s company was trying to “silence and punish” Sarah Wynn-Williams, the former director of global …

Facebook Tweet Email Link For nearly 60 years, Publishers Clearing House had been known for changing individuals’ lives, fulfilling their dreams with prize money it promised would keep coming for as long as they lived. But now the company is in bankruptcy, and winners’ dreams have turned into nightmares. ARB Interactive, a mobile gaming company that bought PCH’s remaining assets, …

Upscale ‘eatertainment’ venue shutters amid bankruptcy filing  KHOU Pinstripes Holdings, Inc. to file for bankruptcy, abruptly closes multiple locations including Chicago location  ABC7 Chicago Pinstripes closes 10 locations after bankruptcy filing: See map, list  USA Today Pinstripes closes Clearfork location in Fort Worth amid Chapter 11 filing  WFAA Pinstripes declares bankruptcy, closes NJ mall location after less than 2 years  Bergen Record Source link

Subprime Auto Lender Tricolor Files for Bankruptcy  Bloomberg Exclusive: Tricolor Auto is filing for bankruptcy, sources say  Car Dealership Guy News Tricolor Auto may file for bankruptcy, sources say  Auto Finance News Tricolor Auto said to furlough employees, shutter operations  Auto Finance News Tricolor Auto suspends operations, places majority of workforce on temporary leave  Car Dealership Guy News Source link