Alta Equipment Group, Inc., a Michigan-based equipment rental and sales company, has recently filed a verified petition for relief pursuant to Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Michigan. The petition was filed on August 10th, 2020.
Alta Equipment Group is a leading provider of rental and sales services for construction, industrial, and other equipment. The company has been in business for over 50 years and operates more than 40 locations throughout the Midwest.
The filing of the Chapter 11 petition will allow Alta Equipment Group to restructure its debt and operations in order to continue providing its customers with the equipment they need. The company has stated that it will continue to operate its business as usual during the restructuring process.
The filing of the Chapter 11 petition will also allow Alta Equipment Group to access additional financing in order to support its operations. This additional financing will help the company to continue to provide its customers with the equipment they need.
Alta Equipment Group has stated that it is confident that it will be able to successfully restructure its debt and operations in order to emerge from Chapter 11 as a stronger company. The company has stated that it is committed to continuing to provide its customers with the equipment they need in order to complete their projects.
The filing of the Chapter 11 petition is a positive step for Alta Equipment Group and its customers. The company is confident that it will be able to successfully restructure its debt and operations in order to emerge from Chapter 11 as a stronger company. This will ensure that Alta Equipment Group can continue to provide its customers with the equipment they need in order to complete their projects.
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