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 ...
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 ...
(Bloomberg) -- Automotive financing provider Vroom, Inc., which entered a restructuring support agreement with creditors and its largest stockholder, has filed for bankruptcy. Vroom filed for ...
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 ...
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.
Vroom filed for Chapter 11 in the Southern District of Texas court. It listed assets of US$43.8 million against total debt of ...