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  1. 3 days agoReplacement tires supplier American Tire Distributors (ATD) filed for bankruptcy protection Oct. 22 for the second time in six years. Huntersville, NC-based ATD signed a restructuring support agreement (RSA) with a group of lenders collectively referred to as the "Ad Hoc Lender Group," which represents 90% of its debt.
  2. donlinrecano.com

    On October 22, 2024, American Tire Distributors and certain of its subsidiaries (collectively, "ATD" or the "Company") commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware. The cases are being jointly administered under Case No. 24-12391 (the "Main Case Docket").
  3. moderntiredealer.com

    Oct 28, 2024American Tire Distributors Inc.'s (ATD) declaration of bankruptcy is certainly the biggest tire distribution story of the year and a development that will have far-reaching reverberations. If you've been following MTD's excellent reporting on this situation, you know that ATD recently filed for Chapter 11 - the second time the company ...
  4. boards.cgccomics.com

    Even after the industry supposedly got cleaned up, mob run distributors still ripped off comic and magazine publishers but sending in affidavits saying they destroyed the unsold product while selling it out the back door. Mile High 2 is the most egregious example, but it was down hundreds of times on smaller scales.
  5. yourerie.com

    Oct 24, 2024A 90-year-old company and one of the largest independent suppliers of tires to the replacement market has filed for Chapter 11 bankruptcy. American Tire Distributors announced on Tuesday, citing ...
  6. Oct 23, 2024American Tire Distributors, the largest seller of replacement tires in the U.S., filed for bankruptcy protection late Tuesday for the second time since 2018, seeking to sell itself to a group of ...
  7. donlinrecano.com

    United States Bankruptcy Court District of Delaware 824 North Market Street 3 rd Floor Wilmington, DE 19801: Judge: The Honorable Craig T. Goldblatt: Counsel to the Debtors: ... American Tire Distributors, Inc., et al. P.O. Box 2053 New York, NY 10272-2042 Toll Free Tel: 1-866-666-1597 International Toll: 1-212-771-1128
  8. tyrepress.com

    Oct 24, 2024American Tire Distributors, Inc. (ATD) has filed Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware in parallel with entering a restructuring support agreement (RSA) with lenders representing approximately 90 per cent its outstanding obligations. At the same time, the firm reported that it is "contemplat[ing] transitioning ownership of the company through a competitive sale ...

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