Accuride Corporation

  1. October 22, 2024

    Behind The Ch. 11 Filing Of Wheel-Maker Accuride

    Wheel manufacturer Accuride Corp. became the latest private equity-backed company to hit bankruptcy due to the strain of inflation and supply chain problems when it followed fellow wheel company Wheel Pros. into Chapter 11 earlier this month. 

  2. October 16, 2024

    Catching Up With New Bankruptcy Case Action

    Several companies including True Value, Accuride and Jordan Health filed for Chapter 11 bankruptcy over the past week, citing financial strains from inflation, supply-chain issues and market changes.

  3. October 15, 2024

    J&J Stays In Texas, True Value Files, Bally Sports Docs OK'd

    The latest bankruptcy case of a Johnson & Johnson talc unit survived a motion to transfer the proceedings to New Jersey, decades-old hardware store chain True Value commenced a Chapter 11 case and the update plan disclosure statement for the parent of Bally Sports regional sports networks were approved by a Texas judge. This is the week in bankruptcy.

  4. October 15, 2024

    Meet The Attorneys Behind Wheel-Maker Accuride's Ch. 11

    Wheel manufacturer Accuride Corp., which blamed supply-chain snarls and a rise in the cost of parts for its entry into Chapter 11 on Oct. 9, is being guided through the bankruptcy process by attorneys from Kirkland & Ellis LLP and Young Conaway Stargatt & Taylor LLP.

  5. October 11, 2024

    Wheel-Maker Can Tap $20M Of $103M Ch. 11 Funding

    A Delaware bankruptcy judge Friday agreed to allow wheel manufacturer Accuride Corp. to tap into up to $20 million of a $103 million debtor-in-possession financing package from its lenders as an interim measure, along with a slate of customary first-day requests.

  6. October 10, 2024

    Wheel-Maker Accuride Hits Ch. 11 Again With Up To $1B Debt

    Wheel manufacturer Accuride Corp. has filed for Chapter 11 protection in Delaware bankruptcy court with up to $1 billion of debt and an agreement to restructure its U.S. business, saying supply chain snarls and a rise in the cost of parts have cut into profits.