Bankrupt canned fruit company Del Monte Foods won court permission to hold an auction of its assets after giving potential bidders more time to make an offer.
August 12, 2025Bankruptcy News Updates
Hyroad Energy to Buy Nikola’s Hydrogen Fuel Cell Trucks, IP
Hyroad Energy will buy much of bankrupt truck manufacturer Nikola’s remaining physical assets and all its intellectual property for $3.85 million.
August 8, 2025Nikola Bankruptcy Leaves Truck Buyers Scrambling
Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.
July 3, 2025Del Monte Foods Files for Bankruptcy
Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.
July 2, 20258 Additional Ex-Yellow Terminals Find New Owners
The sale of the properties follows the disposal of seven facilities via private sale in May as the administrators attempt to unload as many terminals as possible.
June 18, 2025Nikola Administrators Plan Final Asset Sale — the IP
Bankrupt Class 8 hydrogen fuel cell tractor manufacturer Nikola’s administrators are finalizing plans for the sale of the company's intellectual property.
June 17, 2025Marelli Wins Approval for $518.9M Bankruptcy Loan
The loan, which is being provided by Deutsche Bank and other senior Marelli lenders, will need to be approved in two stages, which is typical in large corporate bankruptcy cases.
June 12, 2025Auto Parts Supplier Marelli Blames Tariffs for Bankruptcy
Marelli Holdings filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted by tariffs.
June 11, 2025Northvolt Cuts Workforce to 1,700 as Part of Bankruptcy
Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off.
March 31, 2025Yellow Creditors Push Plan to End Bankruptcy Case
Creditors of defunct trucking firm Yellow Corp. will submit their own plan in coming days on how to split up the company’s remaining $550 million of cash and end its bankruptcy case.
March 17, 2025Trending
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