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Replacement tires supplier American Tire Distributors (ATD) filed for bankruptcy protection Oct. 22 for the second time in six years. Huntersville, NC-based ATD signed a restructuring support ...
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American Tire Distributors announced on Tuesday, citing $1.9 billion in debt while holding only $30 million in cash. This marks the second time the company has filed in the past decade.
American Tire Distributors (ATD) has commenced voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware. The restructuring plan aims to transition ownership of the ...
Credit: Richard Thornton/Shutterstock. American Tire Distributors (ATD) has commenced voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware. The restructuring ...
American Tire Distributors, Inc. (ATD) has filed Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware in parallel with entering a restructuring support agreement (RSA) with lenders ...
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Oct 23 (Reuters) - American Tire Distributors, the largest seller of replacement tires in the U.S., filed for bankruptcy protection late Tuesday for the second time since 2018, seeking to sell ...
American Tire Distributors Inc., which sought bankruptcy protection in 2018 after the defection of two major manufacturers, has filed for Chapter 11 again as it considers a sale process to cut debt.