Lies, greed and exploding crockpots: How PE firm Cornell Capital’s purchase of Instant Brands went very wrong
But in the case of cookware maker Instant Brands and the private equity firm Cornell Capital, the devices gave rise to a ...
Pensions&Investments5d
Lenders sue Cornell Capital over $345 million dividend from bankrupt Instant Brands
Cornell Capital, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in ...
Trustee Says Cornell Capital ‘Plundered’ Bankrupt Instant Brands
A trustee for Instant Brands’ creditors accused private-equity firm Cornell Capital of looting the bankrupt kitchen-appliance ...
PE Firm Cornell Sued Over $345 Million Instant Brands Dividend
Cornell Capital LLC, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in ...
RealClearPolitics4d
Halperin: It's Not The Best Of Times For Republicans To Be Crossing Trump On Gaetz Nomination
MARK HALPERIN: I have a high threshold for wonkery, but that's a pretty wonky topic. I'll simplify it by saying they probably can't do a recess appointment without getting 50 votes in favor of the ...
Yahoo Finance6d
PE Firm Cornell Sued Over $345 Million Instant Brands Dividend
The trustee, Alan Halperin, is seeking to recover at least $400 million for creditors of the company, which filed for Chapter 11 protection last year. Cornell and his firm “plundered their ...
Wall Street Journal5d
Trustee Says Cornell Capital ‘Plundered’ Bankrupt Instant Brands
On Wednesday Alan Halperin, appointed by a Texas bankruptcy court to recover money for creditors, sued the New York private-equity firm and more than 20 co-defendants, alleging they concealed ...