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 ...
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 ...
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 ...
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 ...
Talking Biz News10h
Halperin named co-editor in chief at Hollywood Reporter
The Hollywood Reporter replaced co-editor-in-chief Nekesa Mumbi Moody on Tuesday with Shirley Halperin, reports Sean Burch of ...
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 ...