UPDATED: New Chapter 11 Bankruptcy Filing - Jason Industries Inc. ($JASN)
Prepack Hands Keys to First Lien Lenders; Equity Wiped Out
New Chapter 11 Bankruptcy Filing - Jason Industries Inc. ($JASN)
Wisconsin-based Jason Industries Inc. ($JASN) and seven affiliates (the “debtors”) filed a long-anticipated (prepackaged) chapter 11 bankruptcy case in the Southern District of New York on Wednesday — the latest in a line of manufacturers (e.g., Pyxus International Inc., Libbey Glass Inc., …