Auto Financing Co. Vroom's Equity Swap Ch. 11 Plan Gets OK

By Alex Wittenberg · January 8, 2025, 2:14 PM EST

A Texas bankruptcy judge on Wednesday approved automotive financing and analytics company Vroom Inc.'s Chapter 11 plan to convert $290.5 million of debt into equity, overruling an objection to the deal...

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Case Information

Case Title

Vroom, Inc.

Case Number

9:24-bk-90571

Court

Texas Southern

Nature of Suit

Date Filed

November 13, 2024