North American tyre distributor files Chapter 11 citing market and supply disruption
Tyre retail display (Credit: istock.com/kodda)
US-Canadian tyre distributor ATD Corporation has filed for Chapter 11 protection with counsel from Kirkland and Pachulski Stang, blaming its downfall on trends towards online shopping and manufacturers deciding to distribute their own products.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now