In 2022, Aearo attempted to file for bankruptcy. However, in the summer of 2023, a judge dismissed that move, later stating, “allowing an otherwise financially healthy debtor with no impending solvency issues to remain in bankruptcy, much less one whose liability for most of its debts is supported by an even more financially healthy, Fortune 500 multinational conglomerate, exceeds the boundaries of the Court’s limited jurisdiction.”
Good guy judge.
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