Coverage, page 13

Source-backed chapter 11 research on recent filings, claims processes, and case developments.

542 articles

Showing 145 to 156 of 542 coverage articles

Week of May 4, 2026

Lucky Bucks: Prepackaged Chapter 11, Holdings Converted to Chapter 7

Lucky Bucks filed prepackaged chapter 11 in Delaware on June 9, 2023 with $904 million in funded debt. OpCo confirmed a plan in 49 days and emerged as Arc Gaming; Holdings converted to chapter 7, transferring $237.7 million in alleged dividend-clawback claims to an independent trustee.

PrepackagedMedia, sports & entertainment

May 5

Ittella International / Tattooed Chef: Multi-Buyer 363 Sale and Liquidating Plan

Tattooed Chef (NASDAQ: TTCF) and Ittella International filed chapter 11 in C.D. Cal. in July 2023 following accounting restatements and an SEC investigation. A multi-buyer 363 auction generated ~$13.8M and a liquidating plan was confirmed in May 2024, with GUC recoveries capped at 5%.

FreefallFood & agriculture

May 4

Patriot Coal: Second Chapter 11 and 363 Sale to Blackhawk Mining

Patriot Coal filed a second chapter 11 on May 12, 2015, in E.D. Va. (case 15-32450), less than 18 months after its 2013 emergence. Coal market deterioration and $791M in secured debt drove the refiling. The 363 sale to Blackhawk Mining was confirmed October 9, 2015; equity cancelled October 28.

Energy & natural resources

May 4

Blackjewel Files Chapter 11, Leaving 1,700 Miners Unpaid; DOL Hot Goods Injunction Triggers Coal Crisis

Blackjewel filed chapter 11 July 2019 after Riverstone refused to extend a $34M term loan, leaving 1,700 miners unpaid. A DOL hot goods injunction froze coal in transit. The case resolved through 363 sales to Contura and Eagle Specialty Materials and a liquidating plan confirmed March 2021.

FreefallEnergy & natural resources

May 4

Cirque du Soleil: First Lien Lenders Acquire Via $1.09B Credit Bid in CCAA Sale, Case Winds Down After Five Years

Cirque du Soleil filed chapter 15 in Delaware July 2020 as an ancillary to Canadian CCAA proceedings. First lien lenders credit-bid approximately $1.089 billion to acquire the company through Spectacle BidCo. The case closed January 27, 2026 after a five-year wind-down.

Chapter 15Media, sports & entertainment

May 4

McClatchy: Pension Distress Termination, Chatham 363 Sale, and End of Family Control

McClatchy filed chapter 11 in SDNY on Feb. 13, 2020, with $703M in funded debt and an $805M underfunded pension. The PBGC terminated the pension covering 24,000+ participants; Chatham acquired substantially all assets via a $312M 363 sale, ending 163 years of McClatchy family control.

PrenegotiatedMedia, sports & entertainment

May 4

Raízen Files Chapter 15 to Backstop R$98 Billion Brazilian Out-of-Court Workout

Cosan-Shell ethanol and fuel giant Raízen S.A. filed chapter 15 in SDNY on March 12, 2026 (case 26-10528) to backstop a Brazilian recuperação extrajudicial covering R$98.63 billion. The court granted recognition as a foreign main proceeding on April 8, 2026.

PrepackagedFood & agriculture

May 4

Extended Stay: LBO Collapse and Centerbridge-Paulson-Blackstone Sale

Extended Stay Inc. filed chapter 11 in June 2009 following the collapse of the $8B Lightstone LBO. The Centerbridge-Paulson-Blackstone consortium acquired the 680-hotel platform for ~$3.925B at a contested May 2010 auction. The plan was confirmed July 2010 and went effective October 2010.

FreefallTravel, leisure & hospitality

May 4

Senior Care Centers: Texas Skilled Nursing Chapter 11 Freefall

Senior Care Centers, then Texas's largest skilled nursing operator with 97 facilities and ~13,000 beds, filed chapter 11 in December 2018 without DIP financing. The case ran on cash collateral, wound down via OTA transfers, and confirmed a joint debtor/UCC plan effective March 2020.

FreefallHealthcare & life sciences

May 4

PG&E Corporation: Wildfire Chapter 11 and $13.5B Fire Victim Trust

PG&E Corporation and Pacific Gas and Electric Company filed chapter 11 in January 2019 under case 19-30088 in the N.D. Cal., driven by $30B+ in wildfire liability. Four sequential RSAs produced a $13.5B Fire Victim Trust; the plan went effective July 1, 2020.

FreefallEnergy & natural resources

May 4

New England Motor Freight: Letter of Credit Cascade and Dual-Pool Liquidating Plan

New England Motor Freight, a 101-year-old LTL carrier, filed chapter 11 in February 2019 after letters of credit across four banks collapsed. Two affiliates sold to Estes Express for $15M; dual-pool liquidating plan confirmed Jan 2020, returning ~9.5% to NEMF unsecured creditors.

FreefallTransportation & logistics

May 4

PES Holdings: Refinery Explosion, Hilco Sale, and $200M Insurance Recovery

PES Holdings filed chapter 11 in Delaware on July 21, 2019, one month after the Girard Point refinery explosion. The court confirmed a liquidating plan; the site sold to Hilco for ~$224.5M and the Liquidating Trust recovered over $200M through a 2022 BI insurance settlement.

FreefallEnergy & natural resources