Global Aftermarket
Garrett Motion Successfully Completes Chapter 11 Restructuring
Company raises $1.3 billion of new equity from Centerbridge, Oaktree and existing stockholders.
Company raises $1.3 billion of new equity from Centerbridge, Oaktree and existing stockholders.
Garrett plans to emerge from Chapter 11 by the end of April 2021.
Company targets emergence from Chapter 11 by April 30, 2021.
Company to uphold its commitments to employees, customers and suppliers during bankruptcy process.
The United States Bankruptcy Court for the District of Arizona has approved the appointment of Timothy H. Shaffer of Clotho...
The company has announced its intent to reorganize around a smaller store platform, and is evaluating the potential sale of...
In the statement, the racing school said this was a "difficult yet important step toward becoming a stronger company.”
ATD also entered into a definitive agreement with bondholders to reduce debt by $1.1 billion through court-supervised process.
Wood’s first act as Fallbrook CEO will be to implement a financial restructuring through voluntary Chapter 11 bankruptcy proceedings.
The court’s ruling paves the way for Takata to finalize its sale to KSS and for TK Holdings Inc. to...
