We Continue to Provide Power to Help You Get Work Done. Unsecured creditors were anticipated to incur substantial financial losses as a result of the restructuring. On July 20, 2020, Briggs & Stratton Corporation announced it was filing voluntary petitions for a court-supervised reorganization under Chapter 11 of the U.S. Bankruptcy Code to address its debt obligations and facilitate the potential sale of the Company. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Briggs & Stratton share forecasts, stock quote and buy / sell signals below.According to present data Briggs & Stratton's BGG shares and potentially its market environment have been in bearish cycle last 12 … NewsAPI.org: Briggs & Stratton files for bankruptcy protection. Briggs & Stratton Corporation and its affiliates received provisional approval from the U.S. Bankruptcy Court for the Eastern District of Missouri to employ Houlihan Lokey Capital, Inc. as their investment banker. MILWAUKEE, Oct. 27, 2020 /PRNewswire/ — After emerging from Chapter 11 restructuring as a new company with a new owner and a new CEO, Briggs & Stratton, LLC, a company with a 113-year legacy, also has a new beginning. Media: Rick Carpenter, carpenter.rick@basco.com 07/20/2020. After emerging from Chapter 11 restructuring as a new company with a new owner and a new CEO, Briggs & Stratton, a company with a 113-year legacy, also has a new beginning. MILWAUKEE, WI (October 27, 2020) - After emerging from Chapter 11 restructuring as a new company with a new owner and a new CEO, Briggs & Stratton, LLC, a company with a 113-year legacy, also has a new beginning. All Rights Reserved. Briggs & Stratton Corporation () Stock Market info Recommendations: Buy or sell Briggs & Stratton stock? Briggs & Stratton Corp., the century-old maker of engines for lawn mowers and garden equipment that’s at risk of going bankrupt, hired restructuring advisers to help rework debt that starts coming due this year. Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The company tapped Houlihan Lokey Inc. Investors:  1-800-365-2759. Steve Andrews assumed the position of Briggs & Stratton's President and CEO just over a month ago after most recently serving as CEO of International Equipment Solutions. These are used to track user interaction and detect potential problems. Measuring interactions with the ads on the domain. For additional information, please call (866) 544-7045 (Toll Free within U.S. and Canada) or (781) 575-2084 (International). Briggs & Stratton Hires Restructuring Adviser Briggs & Stratton Corp. has hired Houlihan Lokey Inc. as restructuring advisers to help rework debt that will begin coming due this year, reports Bloomberg, ahead of a June 15 interest payment on unsecured bonds that mature in December. MILWAUKEE, Oct. 27, 2020 /PRNewswire/ -- After emerging from Chapter 11 restructuring as a new company with a new owner and a new CEO, Briggs & Stratton, LLC, a company with a 113-year legacy, also has a new beginning. If you are a third party looking for claims information, or if you would like more information about the restructuring process, please visit our noticing agent website, at www.kccllc.net/Briggs. Briggs & Stratton Corporation, the company behind the well-known small engine brand, has filed for Chapter 11 bankruptcy in the U.S., but it appears the brand will survive. 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