Coverage, page 18

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

542 articles

Showing 205 to 216 of 542 coverage articles

Week of March 16, 2026

BlockFills: Crypto Brokerage Files Chapter 11 After Customer Fund Freeze and Misappropriation Lawsuit

BlockFills, an institutional crypto brokerage processing $61B in 2025 volume, filed chapter 11 in Delaware after suspending customer withdrawals, facing misappropriation allegations, and accumulating over $75M in counterparty losses.

Financial services

Mar 19

Glenwood Caverns: Mountaintop Theme Park Files Chapter 11 After $119.8 Million Wrongful Death Judgment

Glenwood Caverns Adventure Park, America's only mountaintop theme park, filed chapter 11 in Delaware after a $119.8 million wrongful death judgment from a 2021 ride fatality dwarfed the park's $14 million in total assets.

Media, sports & entertainment

Mar 19

WorldVentures: Verona Sale and Liquidating Trust

WorldVentures parent Spherature Investments filed chapter 11 on December 21, 2020, then confirmed a liquidating trust plan tied to a sale to Verona International. The post covers the sale structure, trust mechanics, cash collateral disputes, and post-confirmation administration.

Travel, leisure & hospitality

Mar 19

Incora: Landmark Uptier Litigation and Chapter 11 Reorganization

Incora's chapter 11 combined a debt-cutting reorganization with landmark litigation over its 2022 uptier transaction, making the case a major reference point for liability management disputes.

FreefallIndustrials & manufacturing

Mar 19

Friendship Village of Schaumburg Sells Campus for $35.5M, Converts to Chapter 7 After Plan Fight

Friendship Village of Schaumburg filed chapter 11 in June 2023 after a census collapse strained roughly $131.6 million in bond debt. The senior living operator sold its campus for more than $35.5 million, but plan disputes with its bond trustee led to a September 2024 conversion to chapter 7.

Chapter 7Healthcare & life sciences

Mar 19

Sherman/Grayson Hospital: Wilson N. Jones Sale Disputes

Sherman/Grayson Hospital’s chapter 11 case centered on a private sale of Wilson N. Jones Medical Center to AHS Sherman. The post covers the Delaware sale process, the January 1, 2024 closing, Altera’s EHR dispute, and the later professional-fee default that kept the case open.

FreefallHealthcare & life sciences

Mar 19

AppHarvest: Asset Sales and Liquidating Chapter 11

AppHarvest filed chapter 11 in Houston on July 23, 2023 after weak yields, high operating costs, and secured-creditor pressure strained liquidity. The case sold the company's greenhouse assets, confirmed a liquidation plan on September 14, 2023, and remains in post-effective wind-down.

Food & agriculture

Mar 19

Mercy Hospital Iowa City: Bondholder Fight Ended in Liquidation

Mercy Hospital Iowa City, a nonprofit hospital, filed chapter 11 after a bondholder receivership fight, sold substantially all assets to the University of Iowa for $28 million, and confirmed a liquidating plan projecting 77%-97% recoveries for bondholders and 8%-10% for unsecured and pension claims.

Healthcare & life sciences

Mar 19

American Physician Partners: Liquidating Plan Confirmed After Staffing Wind-Down

American Physician Partners filed chapter 11 in Delaware after unwinding roughly 150 emergency department and hospitalist contracts. The case focused on receivables, cash collateral disputes, a Cascade Capital sale, and a liquidating plan confirmed in March 2024.

Healthcare & life sciences

Mar 19

Troika Media Group: Blue Torch Sale and Liquidation

Troika Media Group filed chapter 11 in SDNY on December 7, 2023 after Converge acquisition debt and escrow disputes triggered a liquidity crisis. The case moved through a Blue Torch-controlled 363 sale, settlement of a $29.1 million escrow fight, and a liquidation plan effective March 29, 2024.

Media, sports & entertainment

Mar 19

Eye Care Leaders: Ransomware, 363 Sale, Creditor Trust

Eye Care Leaders filed chapter 11 in the Northern District of Texas after ransomware fallout, customer attrition, and liquidity strain. The case centered on a fast section 363 sale and ended with a confirmed liquidating plan that transferred remaining assets into the ECL Creditor Trust.

Healthcare & life sciences

Mar 19

Epic! Creations: Trustee-Run Chapter 11 Asset Sales

Epic! Creations, Tynker, and Osmo entered an involuntary Delaware chapter 11 tied to Byju's $1.2 billion term loan. A chapter 11 trustee ran the cases, sold the businesses, confirmed a wind-down plan in October 2025, and left prepetition term loan creditors with an estimated 2% to 5% recovery.

Technology & telecom

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