Dallas-Based Tricolor Auto Files For Chapter 7 Bankruptcy, but now in this update you'll learn that is now involving the Feds ...
Over the past decade, lenders like Tricolor grew quickly due to investor appetite for high-yield debt and a narrative of ...
Edward James, brother of First Brands’ former chief executive Patrick James, arranged for New York-based Helios Strategic ...
Trinity Auto filed for Chapter 11 bankruptcy Jan. 2 due to a lack of funding, rising costs and reduced consumer demand.
Credit Union 1, a Chicago-based auto lender, has filed for Chapter 11 bankruptcy, listing $160 million in liabilities. This marks the third collapse among U.S. auto financing firms this month, ...
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Auto parts giant files biggest bankruptcy since 2009 with $6B debt
The collapse of First Brands Group has turned a once fast‑growing auto parts empire into the largest U.S. corporate failure since the financial crisis, with roughly $6 billion in debt now sitting in ...
The auto finance industry is facing a turbulent period as economic pressures, regulatory scrutiny, and technological disruption converge. For creditors—which include banks, credit unions, captive ...
View post: Amazon's bestselling MP3 player is on sale for $29, and it's giving us major nostalgia The automotive aftermarket sector has faced a flurry of bankruptcy filings, despite some firms in the ...
First Brands creditors hire Nardello (FTX probe firm) to examine factoring/off-balance-sheet financing and insider ties in its bankruptcy—get the ...
SAN DIEGO — After a year of testing and development, LEAP Auto Loans revealed a new program that allows the company to work with lenders to mitigate their losses on defaulted auto loans and allow ...
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