US Bankruptcy Tracker: Intrum AB Among 9 Filings Last Week

Swedish debt collector Intrum AB was among nine large bankruptcy filings last week, marking the second busiest week of large Chapter 11 filings in 2024, according to data compiled by Bloomberg.

• Intrum intends to implement a restructuring deal for its 58.4 billion krona ($5.3 billion) debt pile, though the US court filing is being challenged by its bondholders
• Wellpath Holdings Inc., Applied Minerals Inc., SWC Industries LLC, Vroom Inc., PetroQuest Energy Inc., AMCI NCR LLC, JAZ NCR Holdings LLC and Cosmed Group Inc. were the other bankruptcy filings listing at least $50 million of liabilities
• The ...