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 ...
monvalleyindependent1d
Suit filed against Cornell Capital in bankruptcy court
The company acquired World Kitchen in 2017. Cornell Capital LLC, the former owner of Instant Brands, has been accused of misleading lenders about the company’s performance in order to extract a $345 ...
PE Firm Cornell Sued Over $345 Million Instant Brands Dividend
Cornell Capital LLC, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in ...
monvalleyindependent1d
Thrill of Hope event to bring Christmas cheer to Monessen
Shepherd Turk holds up the WPIAL trophy after Thomas Jefferson defeated McKeesport in Saturday’s Class 4A championship game.
Law5d
$400M Case: Trustee Claims Instant Pot-Maker Defrauded Lenders
The equity owner of Instant Brands is accused of fraudulently plundering company assets, forcing bankruptcy, to enrich itself and co-investors with millions in dividends.
Cornell Brown travelled from Tennesse to kill Texakana man, found guilty of capital murder
Cornell Brown was found guilty after detectives revealed that he traveled to Texarkana with the sole purpose of killing ...
Texarkana Gazette5d
Charges dropped against Memphis woman accused in murder case
Charges have been dismissed against a Memphis, Tennessee, woman accused of being an accomplice to capital murder, a week ...
Wall Street Journal5d
Trustee Says Cornell Capital ‘Plundered’ Bankrupt Instant Brands
Cornell Capital is being sued over a dividend recapitalization for Instant Pot owner Instant Brands, which filed for bankruptcy last year. Photo: Andrew Harrer/Bloomberg News ...