US Units of OEM Supplier Bromford File Bankruptcy in Delaware

The US machining division of Bromford Group, which makes engine parts for original equipment manufacturers, sought court protection from creditors on Monday, according to court papers.

• AeroCision Parent LLC listed assets and liabilities of as much as $500 million each in its bankruptcy petition
• Two affiliates — AeroCision LLC and Numet Machining Techniques LLC — also sought Chapter 11 protection, per court filings
• The bankrupt companies’ UK affiliates entered administration earlier this year and the business is for sale, court papers show
• AeroCision has reached a tentative restructuring deal with its owners including Liberty Hall Capital Partners and ...