Hozon enters bankruptcy proceedings
Chinese battery electric vehicle (BEV) manufacturer Zhejiang Hozon New Energy Automobile Company, which owns the Neta Auto brand, has officially…
Tag: bankruptcy
Reb Lobster Recovers From Bankruptcy
Red Lobster’s new CEO said customer feedback has improved significantly since the restaurant chain emerged from bankruptcy with a revamped…
Battery manufacturer Powin files for bankruptcy months after landing $200M loan
Battery manufacturer Powin filed for bankruptcy on Wednesday. The Oregon-based company said it has more than $300 million in debt.…
23andMe says 15% of customers asked to delete their genetic data since bankruptcy
23andMe’s interim chief executive Joseph Selsavage told lawmakers on Tuesday that 1.9 million people, or about 15% of its customer…
Illinois trucking company files for bankruptcy
A Franklin Park, Illinois, trucking company has filed for Chapter 11 bankruptcy. Nortia Logistics filed for bankruptcy in the U.S.…
Sunnova files for bankruptcy on residential solar woes
By Tanay Dhumal (Reuters) -Sunnova Energy said on Sunday it had filed for Chapter 11 bankruptcy protection in the United…
EchoStar prepares potential bankruptcy filing amid FCC review, WSJ reports
(Reuters) -EchoStar is considering a Chapter 11 bankruptcy filing as the telecommunications services firm vies to shield its cache of…
Elon Musk Warns US Headed for Bankruptcy, Slams Congress Over ‘Disgusting Abomination’ Bill
Elon Musk erupts in fury, declaring he can’t take it anymore as he warns unchecked government spending is driving America…
Vinyl Me, Please Gets Acquired & Saved From Bankruptcy
On Tuesday (June 3), VNYL Inc. announced it has acquired record subscription service Vinyl Me, Please. VMP, which launched in…
70-unit Illinois carrier files for bankruptcy protection
An Illinois carrier with 70 power units recently filed for Chapter 11 bankruptcy protection. AZA Transportation listed assets of between…