Phoenix, AZ-based cartridge remanufacturer LMI Solutions is going into receivership. Court proceedings were initiated August 12 by Midcap Financial, LMI’s…
Puerto Rico’s financial oversight board recently filed more than 230 lawsuits seeking to recover payments made by the bankrupt government…
On March 19, British news outlets BBC.com and The Guardian reported that Office Outlet, a UK-based office retail chain that…
On February 18, Ricoh announced that a Committee of Creditors (COC) headed by Deutsche Bank had approved a plan to resolve…
Ricoh India is up for sale, and reports indicates that there have been some bids for the beleaguered business. Roughly…
The general manager of German ink manufacturer OCP GmbH, which entered insolvency proceedings in July (see “Signs of Overcapacity: Jadi…
Remanufacturing giant Clover Technologies Group could be negatively impacted by Sears’s decision to file for Chapter 11 bankruptcy protection. Sears…
In what appears to be yet another indication that the aftermarket industry continues to wrestle with overcapacity for toner and…
A U.S. federal appeals court this week reversed a lower-court decision to dismiss an investors’ lawsuit against Toshiba, saying the…
On January 29, Ricoh India filed for insolvency under India’s recently amended Insolvency and Bankruptcy Code (IBC) (see “Ricoh India…