Funai Electric Parent Allowed to Start Bankruptcy Procedures
Tokyo, Jan. 16 (Jiji Press)--Tokyo District Court this month issued a permission for Funai Group, parent of Funai Electric Co., a failed Japanese audio and video equipment maker, to start bankruptcy procedures, research firm Teikoku Databank Ltd. said Thursday.
The court issued the permission on Jan. 7, acting on a request from some creditors of Funai Group, previously called Funai Electric Holdings Co.
(2025/01/16-17:40)
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