A trustee for Instant Brands’ creditors accused private-equity firm Cornell Capital of looting the bankrupt kitchen-appliance maker through a dividend recapitalization, driving it into ...
Owners of specific kinds of kitchenware could be entitled to a refund after the product was falsely advertised, according to ...
The Federal Trade Commission is forcing Pyrex to issue a refund of its measuring cups made between 2021 and 2022. Here's everything to know about the refund ...
Henry Cornell denied a bankruptcy trustee’s claims that his private-equity firm improperly extracted money from Instant ...
Cornell Capital LLC is disputing a lawsuit that accuses the private equity firm of helping drive its former portfolio company ...
Instant Brands blames high interest rates and weak demand for its problems. The company, which has more than 2,400 workers, plans to keep operating while it shakes up the business. It comes after ...
(Bloomberg) -- Cornell Capital LLC, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in order to extract a $345 million dividend that helped ...
Chapter 11 means Instant Brands can continue to trade while it restructures, so in that respect it's business as usual. Instant Pots are still being made, and sold, and refurbished, and repaired.
On that note, we decided to round up some of the more popular instant mashed potato brands on the market and put them to the ...
In desperate situations, instant coffee can be a lifesaver. It’s convenient when you’re in a hurry or can’t access a brewing ...