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According to court filings, Coach USA had $197.8 million in debt when it filed for bankruptcy, including $146.6 million on the loan that funded the Variant deal and $37.7 million on a pandemic-era ...
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Paramus-based Coach USA — one of the largest private bus companies in the country — filed to begin Chapter 11 bankruptcy proceedings this week. ... Today, it has 25 business segments, employs ...
In June 2024, Coach USA filed for Chapter 11 bankruptcy, blaming corporate impact caused by the COVID-19 pandemic. The company has plans to sell its assets, and is planning to sell its Megabus subsidiaries to Bus Company Holdings, a unit of the Renco Group. [20] Avalon Transportation acquired Lenzner, Kerrville, All West and ACL Atlanta.
In June 2024, Coach USA filed for Chapter 11 bankruptcy, blaming corporate impact caused by the COVID-19 pandemic. The company has plans to sell its assets and has planning to sell its Megabus subsidiaries (including Coach Canada) to Bus Company Holdings, a unit of the Renco Group.
Ambassadors for EU member states meet today to develop criteria for reopening external borders to travelers on July 1. European Commission guidance is that non- EU countries whose COVID-19 status, e.g., the number of new infections, the trend in new infections, and testing and tracing, are comparable or better than the EU average will make the ...
In June 2024, Coach USA filed for Chapter 11 bankruptcy, blaming corporate impact caused by the COVID-19 pandemic. The company has plans to sell its assets, and has planning to sell its Megabus subsidiaries (including Wisconsin Coach Lines) to Bus Company Holdings, a unit of the Renco Group.
According to a report released by S&P Global Market Intelligence, there were 591 bankruptcy filings as of Nov. 30 this year, just behind 2020's tally of 603 in the same period. By comparison ...