💥New Chapter 11 Bankruptcy Filing - Strategic Materials Inc. (Case Roster)💥

Glass recycler suffers from rising interest rates and post-pandemic hangover.

Things have been a bit quiet out there ever since WeWork Inc. ($WE) — the last big non-LME whale on most people’s radars — filed for bankruptcy. As the restructuring industry limps into ‘24, a pair of prepackaged chapter 11 bankruptcy cases hit dockets. On November 30, 2023, Chilean Inversiones Latin America Power Ltda., San Juan S.A., and Norvind S.A. …