{"id":4143,"date":"2018-10-09T12:49:16","date_gmt":"2018-10-09T17:49:16","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=4143"},"modified":"2018-10-09T12:49:16","modified_gmt":"2018-10-09T17:49:16","slug":"american-tire-files-for-bankruptcy-to-cut-debt-by-1-1-billion","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=4143","title":{"rendered":"American Tire Files for Bankruptcy to Cut Debt by $1.1 Billion"},"content":{"rendered":"<p>American Tire Distributors Inc., filed for chapter 11 protection in Delaware after reaching a deal with most of its bondholders to cut about $1.1 billion of debt. Bondholders will get equity in a new, reorganized version of the company through a plan that is still subject to court approval, according to the filing.<\/p>\n<p>The company has yet to reach a deal with a group of senior leaders, however, and said those talks will continue.<img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"http:\/\/www.aftermarketnews.com\/wp-content\/uploads\/AMNArticles\/01_01_2008\/82138ATDLogojpg_00000037973.jpg\" width=\"337\" height=\"91\" \/><\/p>\n<p>If you are thinking about filing for bankruptcy contact our law office at 816-524-4949 or go to our website at Hoorfarlaw.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>American Tire Distributors Inc., filed for chapter 11 protection in Delaware after reaching a deal with most of its bondholders to cut about $1.1 billion of debt. Bondholders will get equity in a new, reorganized version of the company through &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=4143\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4143","post","type-post","status-publish","format-standard","hentry","category-general"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4143"}],"version-history":[{"count":1,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4143\/revisions"}],"predecessor-version":[{"id":4144,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4143\/revisions\/4144"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}