Fortress Investment Group is trying to seize homes, cars, yachts and other belongings of Charles Cohen following his business ...

As Tilson restructures its debt via a Chapter 11 bankruptcy case, the Portland-based IT firm has won court approval to access up into $37.5 million in financing to keep operations going throughout ...

When a business enters Chapter 11 bankruptcy, securing cash flow becomes a paramount concern. After all, ongoing operational expenses need to be paid even as the company restructures.

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.

Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese auto parts company said in a statement, after months of uncertainty about ...

Marelli has filed for bankruptcy due to tariffs and complications from the COVID-19 pandemic. The automotive supplier isn’t expecting any disruptions, but lenders are expected to take control.

To support the Company during this process, Marelli has received a significant commitment for $1.1 billion in debtor-in-possession financing ("DIP Financing") from its lenders. This additional capital ...