June 02, 2015
The trust tasked with Exide Technologies Inc.'s general unsecured creditors' recovery launched a litigation campaign Monday and Tuesday aimed at clawing back $20 million in payments the battery maker made shortly before it filed for Chapter 11 protection in 2013.
May 20, 2015
Creditors of Exide Technologies Inc. looking into possible lead price-fixing schemes that may have affected the bankrupt battery maker agreed Wednesday in Delaware bankruptcy court to work with Goldman Sachs Group Inc., JPMorgan Chase & Co. and others and establish just what documents will satisfy the creditors' discovery requests.
April 16, 2015
The Texas Commission on Environmental Quality on Wednesday approved a more than $2.4 million penalty against Exide Technologies Inc. for waste violations at the battery maker's lead reclamation facility in Frisco.
April 13, 2015
A group of 643 individuals who were allegedly exposed to contaminants emitted from one of Exide Technologies Inc.'s battery recycling plants asked a Delaware bankruptcy court on Friday to sign off on a $2.7 million deal that will settle their personal injury and property damage claims against the company.
April 08, 2015
Battery maker Exide Technologies Inc. asked a Delaware bankruptcy judge Wednesday to bless a deal that resolves an enforcement action brought by a Texas environmental agency by allowing the regulator more than $2.4 million in claims against the company's estate.
April 07, 2015
Exide Technologies Inc. sought U.S. Bankruptcy Court approval Monday to sell emission reduction trading credits for $7.5 million as part of the closing of a California lead-recycling facility that was contemplated by the confirmed reorganization plan.
March 27, 2015
A Delaware bankruptcy judge blessed Exide Technologies Inc.'s reorganization plan on Friday, clearing the way for the battery maker to emerge from a lengthy stint in Chapter 11 with its debt load lightened by $600 million.
March 27, 2015
A Delaware bankruptcy judge on Friday approved a nonprosecution agreement between Exide Technologies Inc. and federal prosecutors requiring the company to admit to illegally handling hazardous waste at its Los Angeles-area battery recycling plant, and to close and clean up the plant, among other remedies costing up to $133 million.
March 18, 2015
Oracle Corp. and the city of Frisco, Texas, have added their names to the list of entities objecting to aspects of Exide Technologies Inc.'s Chapter 11 plan stemming from the battery manufacturing giant's 2013 bankruptcy.
March 18, 2015
Exide Technologies Inc. told a Delaware bankruptcy judge Wednesday that it expects to present a "largely consensual" Chapter 11 plan next week, but is prepared to fend off challenges from retail noteholders and a group of environmental tort claims connected to its Vernon, California, plant.