Tag: Chapter 11

Toshiba brings in Chapter 11 lawyers at Westinghouse

Toshiba brings in Chapter 11 lawyers at Westinghouse

Written by on March 9, 2017 in News with 0 Comments

NEW YORK/TOKYO (Reuters) – U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom. People familiar with the matter said Toshiba had hired law firm Weil […]

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Quirky collapses – smart homes in question?

Quirky collapses – smart homes in question?

Written by on September 23, 2015 in News with 0 Comments

CHICAGO (Reuters) – Invention start-up company Quirky Inc, backed by a string of venture capital funds, has filed for Chapter 11 relief and put its smart home platform Wink up for sale, court filings showed on Tuesday. New York City-based Quirky, which refers to itself as a “revolutionary online idea factory and marketplace,” said the […]

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