Coverage, page 23

American Signature: No Competing Bids as Schottenstein Insider Takes Furniture Chain

American Signature filed chapter 11 in Delaware after sales fell to million and losses widened. The case moved from a proposed stalking-horse sale to a completed insider deal, lease monetization, and a claims process that now frames recoveries for customers and other unsecured creditors.

Consumer & retail

Week of March 16, 2026

Vroom: Holding-Company Prepack Equitizes $290M Convertible Notes

View Files Chapter 11 With Prepackaged Plan to Take Smart-Glass Maker Private

Global Clean Energy Holdings: $40M Refinery to $2B Prepackaged Restructuring

Broadway Realty: $451.3M Summit Sale Closes

Desktop Metal: $179 Million Merger to $7 Million Sale

Diablo Grande Community Facilities District Files Chapter 9

PosiGen: Bankruptcy Wind-Down After Fraud Allegations

Lugano Diamonds: Latest Bankruptcy Status After Sale

American Signature: No Competing Bids as Schottenstein Insider Takes Furniture Chain

Claire's: $140M Sale, Liquidating Plan

Wag!: 66-Day Prepack Chapter 11 Transfers Ownership

Azzur Group: Pandemic Cleanroom Bet Ends in $72M Liquidation