Auto financing firm Vroom (NASDAQ:VRM) filed for Chapter 11 bankruptcy protection on Wednesday in a Texas court as the ...
After settling a $3 million lawsuit alleging deceptive trade practices and discontinuing e-commerce operations, Houston-based ...
Online used car buying seemed like a good idea when the Covid-19 pandemic hit in 2020. Consumers could shop online at one of ...
Houston-based online car dealer Vroom Inc. has filed for bankruptcy protection with a plan for growth after winding down a ...
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 ...
(Bloomberg) -- Automotive financing provider Vroom, Inc. plans to file a prepackaged reorganization under Chapter 11 in US ...
Automotive financing provider Vroom, Inc., which entered a restructuring support agreement with creditors and its largest ...
(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 ...
Following court approval and the completion of the anticipated prepackaged Chapter 11 case, the company intends ... issued by a Travis County judge on Dec. 13, Vroom was barred from advertising ...
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 ...