News Formal

HPS Investment Fights for Control of Bankrupt DVD Company Redbox

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Lawyers for HPS Investment Partners LLC said in federal court Tuesday that the former head of bankrupt Redbox Entertainment Inc. can’t be trusted and his handpicked board of directors should be replaced, after the DVD rental company failed to pay workers, fund their health insurance and diverted months worth of payroll taxes.

Le Pen Seeks Broad Support to Win French Parliamentary MajorityFrench Bonds Gain as Candidates Retire to Curb Far-Right PowerSBTi CEO to Resign After Backlash Over Carbon Offsets RulesRapper Jay-Z Backs Luxury Watch Trading Platform WristcheckRobinhood Said to Consider Offering Crypto Futures in US, EuropeUS Inks Vaccine Deal With Moderna as Bird Flu Threat LoomsNovo, Lilly Slip as Biden Demands GLP-1 Drug Price CutsCFA Level II Pass Rate Spikes to 59%, the Highest Since 1998New York City’s...

0TotalEnergies Plans to Exit South African Offshore Gas FindsUS to Fight Labor Shortage With New Chips Act Worker ProgramLush Flowers Are Sending a Warning About California’s Wildfire SeasonNew York City’s Fiscal Crisis That Never WasSBTi CEO to Resign After Backlash Over Carbon Offsets RulesUS Inks Vaccine Deal With Moderna as Bird Flu Threat LoomsLush Flowers Are Sending a Warning About California’s Wildfire SeasonIvanhoe Sells New Zinc Mine’s Output to Trafigura, China’s CiticHurricane Beryl...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nevada Copper shareholders face loss of investment as Elliott Investment circles to provide emergency bankruptcy fundingThe struggling Canadian miner, which has struggled for years to ramp up production at its Pumpkin Hollow copper mine, is seeking bankruptcy protection
Source: globeandmail - 🏆 5. / 92 Read more »