LMI: Receivers appointed

LMI: Receivers appointed

Following an application by Midcap Funding, the Arizona Superior Court appoints MCA Financial Group as receiver of Phoenix-based LMI Solutions. The competitive North American market claims another casualty as LMI Solutions (LMI) entered receivership following an...
CMB goes into receivership

CMB goes into receivership

French remanufacturer CMB has been placed into receivership, it has been announced. The company’s fate was decided by the Commercial Court of Saint-Etienne earlier this month. CMB, which was a founder member of the French aftermarket association France Cartouche...