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 ...

Chipmaker Wolfspeed said on Monday it has exited Chapter 11 bankruptcy after cutting its total debt by nearly 70 per cent and lowering annual cash interest expense by roughly 60 per cent. The company ...

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 ...

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 ...

It has been nearly three years since the shocking collapse of FTX, and the pain of that chapter 11 bankruptcy still lingers across the crypto world. After endless hearings, lawsuits, and delays, ...

CVS Health subsidiary Omnicare has filed for Chapter 11 bankruptcy due to issues related to its recent litigation in the U.S. District Court for the Southern District of New York, the company said ...

In a major development, around 40 Banner's Hallmark stores in Virginia have filed for Chapter 11 bankruptcy protection. A Washington Business Journal report claimed that the stores are facing seasonal ...

Linqto, a San Jose-based fintech startup that filed for Chapter 11 bankruptcy, has agreed to a deal to repay customers. Linqto pitched retail investors the chance to buy into coveted firms such as ...

The once high-flying crypto lender Voyager Digital Ltd., which filed for Chapter 11 bankruptcy in July 2022, has returned to headlines after its co-founder and former chief executive Stephen Ehrlich ...

According to court documents, Wolfspeed, Inc. and Wolfspeed Texas LLC filed for bankruptcy in the Texas Southern District Bankruptcy Court on June 30. The bankruptcy plan was approved on Sept. 8. In a ...

A judge is scheduled to consider a bid from a Humana subsidary during a hearing this week. Meantime, there are allegations of Medicare overbilling by TVH and conflicts of interest involving its debt ...