Vroom: Vroom, Inc. Filed for Bankruptcy

Vroom, Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on November 13, 2024. The debtor listed its assets in the range of $10 million to $50 million and liabilities in the range of $100 million to $500 million. The debtor is represented by John F. Higgins of Porter Hedges LLP. as its legal counsels.