Coverage, page 17

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

542 articles

Showing 193 to 204 of 542 coverage articles

Week of March 23, 2026

Zynex Files Chapter 11 After TRICARE Suspends Payments; Noteholders Take Full Equity in 94 Days

Zynex, a publicly traded Colorado medical device maker (ZYXI), filed chapter 11 Dec. 15, 2025 in S.D. Tex. after TRICARE suspended payments covering 20-25% of revenue. A $22.3M DIP from convertible noteholders backs a plan sponsor process with a $49.6M credit bid floor and Feb. 2026 deadlines.

PrenegotiatedHealthcare & life sciences

Mar 24

Grand Slam Track: Winners Alliance Plan Offers Athletes 70% Recovery

Grand Slam Track filed chapter 11 after $40M investor pullout. Athletes owed $7M as Johnson's pro track league collapses with $31M debt.

FreefallMedia, sports & entertainment

Mar 24

TGI Friday's: Liquidation Plan Enters Solicitation After 363 Sale

filed ch. 11 November 2024 after 55% location decline. Mera Global acquired via 363 sale.

Food & agriculture

Mar 23

Marelli: KKR Loses Control in $4.9B Chapter 11

Marelli filed chapter 11 in Delaware with $4.9B of debt, a $1.1B DIP, and lender support that wipes out KKR's equity and hands control to creditors.

PrenegotiatedIndustrials & manufacturing

Mar 23

LuxUrban Hotels Converts to Chapter 7 in 37 Days Amid 85 Lawsuits

LuxUrban Hotels fell from chapter 11 to chapter 7 in 37 days, with 85 lawsuits, unpaid wages, shuttered hotels, and a $118.6M tax claim.

FreefallTravel, leisure & hospitality

Mar 23

Hronis Reaches Deal on $110M Conterra Credit Bid

Hronis reached a settlement clearing Conterra's $110 million credit bid for substantially all assets and funding a creditor carveout.

FreefallFood & agriculture

Mar 23

Zymergen: Ginkgo Sale and 56% Trust Recovery

Zymergen filed chapter 11 in Delaware after commercialization failures, litigation, and cash burn. The case produced asset sales to Ginkgo Bioworks and Pivot Bio, then a liquidation trust that had paid 56% of allowed unsecured claims as of December 31, 2025.

Healthcare & life sciences

Mar 23

RAD Diversified REIT Files Chapter 11 Amid SEC Enforcement and Florida AG Ponzi Probe

RAD Diversified REIT and four affiliates filed chapter 11 on March 1, 2026 in Tampa. The SEC declared the Reg A offering abandoned in 2024 and the Florida AG characterized the enterprise as a potential Ponzi scheme. Over 5,000 investors hold claims.

FreefallReal estate & construction

Mar 23

IPIC Theaters: Subchapter V Liquidation of Premium Theater Chain

IPIC Theaters filed subchapter V chapter 11 in S.D. Fla. on February 25, 2026, to liquidate its 13 leased theater locations. The company reported $112.5M in 2025 gross income and a $19.4M net loss, with ~$113.9M in total liabilities dominated by lease obligations and near-zero funded secured debt.

Subchapter VMedia, sports & entertainment

Week of March 16, 2026

Mar 20

Baker & Taylor Files Chapter 11 to Wind Down After ReaderLink Deal Collapses

Baker & Taylor filed chapter 11 in New Jersey on March 16, 2026 after CIT tightened liquidity, a failed ReaderLink sale, and a yearlong wind-down left mostly lease and unsecured claims for the court to manage.

FreefallMedia, sports & entertainment

Mar 19

Steward Health Care Files Chapter 11 With $6.6B in MPT Lease Obligations Across 31 Hospitals

$9.2B collapse, MPT's $7.5B waiver, CEO Senate contempt, 31 hospital sales. Complete restructuring analysis.

FreefallHealthcare & life sciences

Mar 19

Nine Energy Service: Prepack Equitizes Secured Notes

Nine Energy Service completed a Houston chapter 11 in little more than a month, cutting about $320 million of secured debt, handing ownership to noteholders, and refinancing the business through a $135 million exit ABL after a White Oak-backed DIP.

PrepackagedEnergy & natural resources