After settling a $3 million lawsuit alleging deceptive trade practices and discontinuing e-commerce operations, Houston-based ...
Houston-based online car dealer Vroom Inc. has filed for bankruptcy protection with a plan for growth after winding down a ...
Auto financing firm Vroom (NASDAQ:VRM) filed for Chapter 11 bankruptcy protection on Wednesday in a Texas court as the ...
This Prepackaged Chapter 11 Case is aimed at restructuring the company’s debt obligations and capital structure through a prepackaged plan of reorganization. Vroom plans to operate as a ...
Automotive financing provider Vroom, Inc., which entered a restructuring support agreement with creditors and its largest ...
Online used car buying seemed like a good idea when the Covid-19 pandemic hit in 2020. Consumers could shop online at one of ...
Vroom's initial Chapter 11 petition lists more than $43.8 million of total assets and more than $304.6 million of total debts. The move comes after Vroom winded down its e-commerce used-vehicle ...
(Bloomberg) -- Automotive financing provider Vroom, Inc. plans to file a prepackaged reorganization under Chapter 11 in US ...
Vroom is restructuring its debt as it prepares to file for bankruptcy protection on the heels of winding down its e-commerce ...
Vroom, whose operations include automotive finance, intends to file a number of customary motions with the bankruptcy court that will allow the continuation of normal business operations. Write to ...
The move is part of a prepackaged Chapter 11 bankruptcy filing planned for the Southern District of Texas. The restructuring will not affect Vroom's subsidiaries, including United Auto Credit ...
Auto financing firm Vroom (NASDAQ:VRM) filed for Chapter 11 bankruptcy protection on Wednesday in a Texas court as the cash-strapped company attempts to restructure more than $300M in debt.