Trustee Says Cornell Capital ‘Plundered’ Bankrupt Instant Brands
A trustee for Instant Brands’ creditors accused private-equity firm Cornell Capital of looting the bankrupt kitchen-appliance ...
PE Firm Cornell Sued Over $345 Million Instant Brands Dividend
Cornell Capital LLC, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in ...
Pensions&Investments4d
Lenders sue Cornell Capital over $345 million dividend from bankrupt Instant Brands
Cornell Capital, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in ...
$400M Case: Trustee Claims Instant Pot-Maker Defrauded Lenders
In a U.S. Southern District of Texas bankruptcy filing, the Instant Brands trustee accused Cornell Capital of plundering the ...
monvalleyindependent1d
Suit filed against Cornell Capital in bankruptcy court
The company acquired World Kitchen in 2017. Cornell Capital LLC, the former owner of Instant Brands, has been accused of misleading lenders about the company’s performance in order to extract a $345 ...
Wall Street Journal4d
Trustee Says Cornell Capital ‘Plundered’ Bankrupt Instant Brands
A trustee for Instant Brands’ creditors accused private-equity firm Cornell Capital of looting the bankrupt kitchen-appliance maker through a dividend recapitalization, driving it into ...
Yahoo Finance5d
PE Firm Cornell Sued Over $345 Million Instant Brands Dividend
(Bloomberg) -- Cornell Capital LLC, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in order to extract a $345 million dividend that helped ...