Chapter 11 bankruptcy Archives - Tire Review Magazine
Sears Announces Additional Service Center Closures

As part of Sears Holdings’ processes to facilitate its financial restructuring, the company informed employees at 80 stores that the locations will be shutting down.

ATD Emerges From Chapter 11 Bankruptcy

American Tire Distributors, Inc. completed its financial recapitalization and emerged from Chapter 11 bankruptcy. 

American Tire Distributors ATD
ATD Seeks Court Approval for Reorganization Plan, Receives Support from Stakeholders

American Tire Distributors, Inc.’s plan for Chapter 11 reorganization will go before the court for approval this week, and has already gained near-unanimous acceptance by voting stakeholders, the company said. 

American Tire Distributors ATD
Sears Holdings Files For Voluntary Chapter 11; Initiates Processes To Facilitate Financial Restructuring

In a move to streamline its operating model and grow profitably for the long-term, Sears and some its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code.