- Xebec Holding USA Inc. and several affiliates filed
Chapter 15 petitionsin US Bankruptcy Court in Wilmington, Delaware
- Chapter 15 prevents creditors from seizing or taking legal actions against US-based assets while a company reorganizes in another country
- Xebec has offices and other facilities in the US, including a business that supplies nitrogen generators to the US Navy
- The company also filed for court protection in Canada, where a court-approved monitor will help ...
Sept. 30, 2022, 5:42 PM