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The most significant bankruptcy in the auto industry occurred on June 18 when electric vehicle maker Fisker Group filed for Chapter 11 protection to shut down operations and liquidate its assets ...
9 wrz 2024 · 1:26. Wheel Pros, a maker of after-market specialty auto parts, filed for bankruptcy protection after struggling with inflation costs and a slump in demand. The Colorado-based company, which...
20 wrz 2024 · But now Wheel Pros has filed for Chapter 11 bankruptcy protection, collapsing under more than $1.7bn of debt. Its current equity holders will recover nothing. Included in that group being...
3 dni temu · Auto parts maker Wheel Pros, also known as Hoonigan, got approval from a US bankruptcy court for its Chapter 11 reorganization plan. Judge John T. Dorsey said he’d approve the prepackaged plan, overruling an objection from the US Trustee at a Tuesday hearing. The plan could deleverage the company’s balance sheet by approximately $1.2b ...
10 wrz 2024 · Huge auto parts retailer files for a prepackaged Chapter 11 bankruptcy.
1 lut 2023 · On June 16, 2023, the Court entered the Order Confirming the Third Amended Combined Disclosure Statement and Joint Plan of Liquidation of IEH Auto Parts Holding LLC and its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code.
2 sty 2024 · Parts ID Inc. filed for Chapter 11 bankruptcy on Dec. 26, moving forward with plans to restructure and reduce debt. The ecommerce retailer sells automotive parts through CarID.com, TruckID.com and CamperID.com. Parts ID is No. 479 in Top 1000.
