Heavy-duty wheel and wheel-end manufacturer Accuride Corporation filed for Chapter 11 bankruptcy on October 9, 2024. In a Chapter 11 bankruptcy, a company will typically reorganize their debt and finances and emerge successfully as a going concern. The repayment plan to creditors is decided by creditors and the bankruptcy court but their interest is to keep the…
Accuride’s Bankruptcy Effect On the Brake Drum and Wheel-End Industry
