Canadian Trucking Co. Seeks US Bankruptcy Recognition

By Emily Lever · April 1, 2024, 12:01 PM EDT

Canadian truck dealers the Pride Group on Monday asked a Delaware judge for U.S. recognition of the Canadian insolvency proceedings it began in the face of a more than $90 million...

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Bankruptcy Scorecard

Summary

Canadian truck dealer Pride Group on April 1 asked a Delaware judge for U.S. recognition of its Canadian insolvency proceedings as it faces a more than $90 million claim from Mitsubishi over an alleged loan default.

Case Number

1:24-bk-10632

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$600 million

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