Coverage, page 12

West Marine Bankruptcy: $549.2M in Debt, Dual-Track Plan Targets July Confirmation

West Marine filed prenegotiated chapter 11 May 17, 2026 in Delaware (26-10794-KBO) with $549.2M in funded debt and a dual-track plan backed by 96.2% of term loan holders. Oaktree and L Catterton-backed boating retailer targets recapitalization or asset sale; combined hearing July 30, 2026.

PrenegotiatedConsumer & retail

Week of May 18, 2026

Nikola Assets Sold to Lucid, Liquidating Trust Addresses Trevor Milton Claims

Pure Prairie Poultry: Seven-Day Chapter 11 and Plant Shutdown

Penn Brewery: Craft Brewery Chapter 11 Filing

Benson Hill: From $2B SPAC Valuation to Credit Bid Sale and Chapter 7

Silver Airways Shuts Down, Converts to Chapter 7

Del Monte Foods Completes $509M Bankruptcy Sale

Miyoshi America’s Chapter 11 Case Closes After Talc Trust Plan Takes Effect

23andMe: From $6B Unicorn to $305M Nonprofit Sale

CHS Care NY: YesCare Files Chapter 11 After $307M Jackson Verdict

West Marine Bankruptcy: $549.2M in Debt, Dual-Track Plan Targets July Confirmation

FAT Brands Implements Liquidation Plan With $9.23M Funding Base

First Brands Group: Liquidating Plan Follows $2.3B Fraud Collapse