CPI Corp Bank of America - 2017-2018 StudyChaCha

Go Back   2017-2018 StudyChaCha > StudyChaCha Discussion Forum > General Topics




  #1  
Old September 13th, 2017, 01:57 PM
Unregistered
Guest
 
Posts: n/a
Default CPI Corp Bank of America

Hi I am interested in knowing about CPI Corporation appointing restructuring officer as well as filling for bankruptcy?
Reply With Quote Quick reply to this message
  #2  
Old September 13th, 2017, 02:57 PM
Educhamp's Avatar
Super Moderator
 
Join Date: May 2011
Location: Delhi
Posts: 28,451
Default Re: CPI Corp Bank of America

CPI Corp. has named Andrew Rolfe of The Keystone Group as its head rebuilding officer, the St. Louis-based representation studio administrator said in an administrative documenting. The arrangement was successful June 14.

Rolfe's obligations incorporate having basic leadership expert for all rebuilding exercises expected to enhance the organization's capacity to meet targets set in a moment alteration to an acknowledge assention CPI marked for Bank of America and different loan specialists prior this month, as per the recording with the Securities and Exchange Commission.

CPI works more than 2,500 representation studios in the U.S., Canada, Mexico and Puerto Rico, fundamentally at Walmart and Sears stores. The organization detailed a $4.6 million misfortune for its initially quarter that finished April 28. The organization as of late covered a few hundred failing to meet expectations stores, and its previous CEO, Renato Cataldo, left the organization. CPI additionally moved its stock to the over-the-counter market from the New York Stock Exchange.

The organization petitioned for insolvency, looking to turn its residual resources over to a court-delegated trustee for liquidation.

The chapter 11 recording comes weeks after CPI suddenly shut all its U.S. areas on April 4, refering to progressing working misfortunes. That choice left more than 4,300 representatives out of work with little notice and incalculable clients scrambling to get to their photographs.

In its Chapter 7 insolvency recording in Delaware, where the organization is joined, CPI recorded $10.4 million in resources and $135 million in the red.
__________________
Answered By StudyChaCha Member
Reply With Quote Quick reply to this message
Sponsored Links






















Other Discussions related to this topic
Thread
SRM Fuel Corp
Bank Of America PSJ
Bank Bank Of America Login
Bank of America Bank Locator
Bank of America CPI Corp
Bank Of America Uia
Bank Of America JCB
Bank Of America Yen
Bank of America NO RJ
Bank of America Bank Routing Number
PMO Bank Of America
Municipal Supplies Corp
Bank of America NV
Cement Corp of India CCI Ltd - Adilabad
Credit Agricole Corp & Investment Bank
Hindustan petroleum corp. ltd. trainee exam syllabus
Hindustan petroleum corp. ltd. trainee exam papers
Hindustan petroleum corp. ltd. trainee exam books
Kokomo Center Township School Corp
Asiatic International Aviation Corp., Indore






Have a Facebook Account? Ask your Question Here



Reply


Reply to this Question / Ask Another Question
Your Name: Click here to log in

Message:
Options

Forum Jump


All times are GMT +6.5. The time now is 08:18 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO 3.6.0 PL2

1 2 3 4 5 6 7 8 9