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 ...
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 ...
$400M Case: Trustee Claims Instant Pot-Maker Defrauded Lenders
In a U.S. Southern District of Texas bankruptcy filing, the Instant Brands trustee accused Cornell Capital of plundering the ...
Yahoo Finance6d
PE Firm Cornell Sued Over $345 Million Instant Brands Dividend
(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 ...
Wall Street Journal5d
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 maker through a dividend recapitalization, driving it into ...