First Brands Group, LLC, a leading global supplier of aftermarket automotive parts, announced that the Company and certain of its affiliates have filed voluntary petitions for chapter 11 relief in the ...
A group of companies used by ailing auto-part manufacturer First Brands Group to raise financing has filed for Chapter 11 bankruptcy protection. Patrick James, the owner of First Brands, is listed as ...
(Reuters) -Chipmaker Wolfspeed said on Monday it has exited Chapter 11 bankruptcy after cutting its total debt by nearly 70% and lowering annual cash interest expense by roughly 60%. The company said ...
The company’s portfolio includes brake solutions, filtration products, and replacement brake components, among others. Credit: Palplaner/Shutterstock.com. US auto parts manufacturer First Brands Group ...
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Sept 30 (Reuters) - Wolfspeed (WOLF.N), opens new tab shares surged 33% on Tuesday, after the chipmaker successfully emerged from Chapter 11 bankruptcy with a substantially reduced debt load. The move ...
Another chain has filed for bankruptcy in a blistering year for the restaurant industry. Abuelo's International, which runs 16 Abuelo's Mexican Restaurant sites in seven states, filed for Chapter 11 ...
The large supplier is also behind Michelin-branded wipers, Philips-branded bulbs. According to a statement released on September 29, U.S. auto parts supplier First Brands has filed for Chapter 11 ...
Rishabh Shetty's "Kantara: Chapter 1" is set for release, following the unexpected blockbuster success of its predecessor. Despite higher pre-sales than the original's opening day, the prequel, made ...
(Reuters) -Wolfspeed shares surged 33% on Tuesday, after the chipmaker successfully emerged from Chapter 11 bankruptcy with a substantially reduced debt load. The move has restored investor confidence ...
Wolfspeed, Inc. (NYSE:WOLF), which carries a substantial debt burden of $6.7 billion and has been rapidly burning through cash according to InvestingPro data, announced Monday that all previously ...
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