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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

Week of March 16, 2026

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

WorldVentures: Verona Sale and Liquidating Trust

Incora: Landmark Uptier Litigation and Chapter 11 Reorganization

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

Sherman/Grayson Hospital: Wilson N. Jones Sale Disputes

AppHarvest: Asset Sales and Liquidating Chapter 11

Mercy Hospital Iowa City: Bondholder Fight Ended in Liquidation

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

Troika Media Group: Blue Torch Sale and Liquidation

Eye Care Leaders: Ransomware, 363 Sale, Creditor Trust

Epic! Creations: Trustee-Run Chapter 11 Asset Sales

Diocese of San Diego: AB 218 Claims, Mediation, and March 2026 Rulings