CarbonLite Holdings filed for Chapter 11 bankruptcy in Delaware,
- CarbonLite processes used bottles into pellets that can be used to manufacture new beverage bottles, per its website
- The company owes more than $27m to Nestle Waters North America Inc. and more than $20m to Niagara Bottling LLC, per the bankruptcy petition
- Owners include Sterling Capital LP and Crown Poly Inc., court papers show
PREVIOUSLY: Bottle Recycler Company Misses Monthly Debt Payment: Filing- The case is CarbonLite Holdings LLC,
21-10527 , U.S. Bankruptcy Court for the District of Delaware
To contact the reporter on this story:
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.