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Online Car Financing Co. Vroom Crashes Into Ch. 11

Gunnar Larson

14 Nov 2024 14 Nov '24
2:02 p.m.

Online Car Financing Co. Vroom Crashes Into Ch. 11 <https://www.law360.com/fintech/articles/2260278?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-11-14&read_main=1&nlsidx=0&nlaidx=11> By Vince Sullivan Former used car seller and financier Vroom Inc. filed for Chapter 11 bankruptcy Wednesday in Texas with a prepackaged plan to swap $290 million of debt for the bulk of the equity in a reorganized business. Declaration attached | Read full article » <https://www.law360.com/fintech/articles/2260278?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-11-14&read_more=1&nlsidx=0&nlaidx=11> | Save to favorites » <https://www.law360.com/fintech/articles/2260278?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-11-14&read_later=1&nlsidx=0&nlaidx=11>

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