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[1] On July 29, 2024, Hardinge filed for Chapter 11 bankruptcy protection, blaming Chinese regulators who cancelled plans to sell its Chinese operations as part of the decision. The company will sell itself to affiliates of Centre Lane Partners. [2] The sale was completed on September 19, 2024. [3] The company employs approximately 1500 staff.
Companies that filed for Chapter 11 bankruptcy in 1999 (1 C, 36 P) Companies that filed for Chapter 11 bankruptcy in 2000 (41 P) Companies that filed for Chapter 11 bankruptcy in 2001 (78 P)
The U.S. Trustee's office conducts the first meeting of creditors in a Chapter 11 case. Most Chapter 11's do not require the appointment of a trustee: however, in those cases which do, the U.S. Trustee oversees the appointed trustee's handling of the case and, for good cause, can seek the removal or replacement of the trustee. The U.S. Trustee ...
A fall from grace. Founded in 1978, The Container Store went public on Nov. 1, 2013, pricing its initial public offering at $525 per share. By the close of trading that day, shares closed at $543.
Harrington v. Purdue Pharma L.P., 603 U.S. 204 (2024), is a United States Supreme Court case regarding Chapter 11 of the Bankruptcy Code. [1] The case addressed the 2022-2023 Purdue Pharma bankruptcy settlement and whether, under Chapter 11 of the Bankruptcy Code, a release extinguishing claims held by nondebtors against nondebtor third parties, without the claimants’ consent could move forward.
Interim trustee is a term of art in section 701 of the Bankruptcy Code, Title 11 of the United States Code. When a case under Chapter 7 of the Code is commenced, the United States Trustee immediately appoints an interim trustee for that case. [ 1 ]
The owner of downtown Milwaukee's Marriott Hotel − financed in part with public funds − has filed for Chapter 11 bankruptcy protection. The 205-room hotel, 625 N. Milwaukee St., remains open.
September 9, 2024 at 1:37 PM More Big Lots closures are on the way. On Monday, the discount retailer announced it plans to close more stores under new leadership , an affiliate of Nexus Capital ...