Latest Constar International Inc. Stories
Pennsylvania plastic container company Constar International Inc. said it filed for Chapter 11 bankruptcy protection to implement a debt-for-equity swap. The swap will reduce the company's indebtedness by $175 million and annual interest expenses by $19.3 million, the company said. The voluntary filing was submitted to the U.S. Bankruptcy Court in Wilmington, Del. In a statement, President and Chief Executive Officer Michael Hoffman said Constar intended to continue to operate as usual during...
- The offense of persistently instigating lawsuits, typically groundless ones.
- Sale or purchase of positions in church or state.