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Linqto, Inc., along with Linqto Texas LLC, Linqto Liquidshares LLC, and Linqto Liquidshares Manager LLC (collectively, ...
The canned food company has secured $912.5 million in financing to support itself through the proceedings as it intends to ...
News, trends, strategies and best practices related to labor and workforce management. This cross-publication newsletter features a broad range of news, discussions, and new product content produced ...
Global automotive supplier Marelli has filed for Chapter 11 bankruptcy protection in the U.S. as part of a broader plan to reduce its debt and stabilize its long-term finances. The company emphasized ...
As a result, the company secured US$1.1 billion in debtor-in-possession financing to ensure its operations can continue during court proceedings. Canadian companies that rely on Marelli for parts are ...
Marelli was among the first major companies in any industry to pin a bankruptcy filing in part on tariffs. Other auto suppliers will likely follow, industry analysts said.
As for Marelli, it plans to continue operating, promising customers no interruption to service or parts delivery as it goes through bankruptcy. It said it negotiated $1.1 billion in financing to ...
Business deals Nissan supplier bankruptcy likely to trigger consolidation across sector Details of restructuring plan for Japanese auto parts maker Marelli are 'sparse' ...
Marelli Holdings Co. Ltd. ("Marelli" or the "Company"), a global technology partner to the automotive industry, today announced that it has received approvals from the U.S. Bankruptcy Court for the ...
The court granted Marelli access to $519 million of $1.1 billion in debtor-in-possession financing — a special loan process for companies going through bankruptcy.
A car parts supplier pointed its finger at the Trump administration's tariffs while filing for bankruptcy.