Invacare
Hits Ch. 11 In Texas To Slash $240M In Debt
By Jeff Montgomery
Ohio-headquartered
home health care product maker Invacare Corp. and two affiliates have launched
a Chapter 11 restructuring in the U.S. District Court for the Southern District
of Texas, opening the case with a plan to reduce its $500 million to $1 billion
in liabilities by $240 million.
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