January 06, 2025
Pride Group Holdings Inc. told a Delaware bankruptcy judge Monday that the Canadian trucking company will no longer pursue a sale of shares in an affiliated entity that owns a Florida property, after a financial services provider backed by Mitsubishi objected to the sale.
April 16, 2024
At a hearing on Tuesday in Delaware bankruptcy court, Canadian trucking company Pride Group appeared to reach a consensus with certain creditors that will allow it to gain provisional approval of its debtor-in-possession facility that already received the go-ahead in Canadian court.
April 11, 2024
At a hearing Thursday in Delaware bankruptcy court, Canadian trucking company Pride Group was unable to reach an agreement on provisional approval of its debtor-in-possession facility that received the go-ahead in Canadian court, as the U.S. Trustee warned of the expanding scope of Chapter 15 provisional relief hearings.