hondaboost
1 year ago
A Hearing for Reorg. Plan will be held on Feb 2,
"A combined hearing to consider the adequacy of the Disclosure Statement and confirmation of the Plan will be held before the Honorable Laurie Selber Silverstein, United States Bankruptcy Judge, in Courtroom #2 on the 6th Floor of the United States Bankruptcy Court, 824 North Market Street, Wilmington, Delaware, 19801, on February 2, 2024, at 10:00 a.m., prevailing Eastern Time."
It's just a Hearing at first, Then, the Judge will make a decision on whether the plan will be approved or not. If it gets approved, then it'll take a long time (from at least 6 months to years) for the debtors to carry on the plan.
81vette
2 years ago
new CEOs past,merged carlotz into SHIFT,Chief Executive Officer of CarParts.com from January 2019 to April 2022, Mr. Peker oversaw a more than doubling of annual revenue, a nearly fourfold improvement in EBITDA and an increase in market capitalization of over 500%. , Chief Marketing Officer at Adorama, a leading electronics retailer and also held senior positions at Sears Holdings Corporation and US Auto Parts.