ENDICOTT, N.Y. (WBNG) -- On Tuesday, “iM3NY,” the lithium-ion cell manufacturing gigafactory located in Endicott, filed a motion to dismiss its Chapter 11 case in the United States Bankruptcy Court ...

When Abilities in Motion moved into a more spacious facility, it made a promise to the people it serves. The operators of the nonprofit organization that offers service, education and advocacy for ...

Corporate restructurings are not always successful for many reasons. As a consequence, the bankruptcy and restructuring laws of the United States and many other countries recognize that a failed ...

Garrett Motion has successfully completed its Chapter 11 restructuring, improving its financial leverage, discipline, and efficiency. The company's strong Q2 '23 performance and competitive ...

Less than 48 hours after a court appointed trustee filed for Chapter 7 bankruptcy against The Turkey Leg Hut, a Texas judge denied the motion. On Tuesday, Chief United States Bankruptcy Judge Eduardo ...

The Bankruptcy Code provides that, in chapter 11 cases where the court does not find "cause" for the appointment of a trustee, the court "shall" appoint an examiner, upon a request from the Office of ...

Garrett Motion is a leading automotive technology company specializing in turbocharging and electric boosting solutions. Although they play an important role in internal combustion vehicles, they are ...