Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Tuesday, June 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Masonite Files Chapter 11

WILMINGTON, Del. (CN) - Masonite Corp. filed for Chapter 11 bankruptcy Monday, listing $2.6 billion in debts and $1.5 billion in assets. The door and fiberboard maker was taken over by buyout specialists Kohlberg Kravis & Roberts in 2005. Masonite's recovery plan "wipes out equity investors," Reuters news service reported. It employs about 8,500 people, 4,500 of them in the United States and Canada.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.