A trustee for Instant Brands’ creditors accused private-equity firm Cornell Capital of looting the bankrupt kitchen-appliance ...
Cornell Capital, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in ...
Cornell Capital LLC, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in ...
In a U.S. Southern District of Texas bankruptcy filing, the Instant Brands trustee accused Cornell Capital of plundering the ...
Instant Brands blames high interest rates and weak demand for its problems. The company, which has more than 2,400 workers, plans to keep operating while it shakes up the business. It comes after ...
Chapter 11 means Instant Brands can continue to trade while it restructures, so in that respect it's business as usual. Instant Pots are still being made, and sold, and refurbished, and repaired.
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