Coverage, page 29

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

542 articles

Showing 337 to 348 of 542 coverage articles

Week of March 2, 2026

Nostrum Laboratories Liquidates ANDA Portfolio and Assets After $68M in Debt

Nostrum Labs filed chapter 11 in D.N.J. on Sept. 30, 2024, used a $235k payroll DIP, and ran an ANDA auction on April 1, 2025.

FreefallHealthcare & life sciences

Mar 6

Northvolt Files Cross-Border Chapter 11 With $100M Scania Financing, Later Files in Sweden

Northvolt filed chapter 11 in SDTX on Nov. 21, 2024 with a $100M Scania DIP; affiliate cases were dismissed in April 2025 after asset sale milestones.

FreefallIndustrials & manufacturing

Mar 6

rue21 Files Third Chapter 11 to Liquidate 540 Stores, Sells Brand to YM Inc. for $4M

rue21 filed chapter 11 May 2, 2024 in Delaware to liquidate 540+ stores; the brand sold to YM Inc. for about $4M and the case was dismissed in Sept. 2024.

FreefallConsumer & retail

Mar 6

Solar Installer Lumio Sold to Zeo Energy for $4 Million Cash and Stock

Lumio Holdings filed chapter 11 in Delaware on September 3, 2024. White Oak's $100M stalking-horse credit bid was withdrawn; Zeo Energy acquired the assets for $4M cash plus 6.2M shares. The liquidating plan became effective February 18, 2025.

Chapter 7Energy & natural resources

Mar 6

Independence Contract Drilling Files Prepackaged Chapter 11, Eliminating $197M in Convertible Notes

Filed Dec 2, 2024 in SDTX with a prepack plan; notes converted to equity, $32.5M DIP, and exit on Jan 17, 2025 with a $30M revolver.

PrepackagedEnergy & natural resources

Mar 6

Imperial Pacific International (CNMI): $12.95M Sale and Liquidation Plan

Imperial Pacific (CNMI) filed chapter 11 on Apr 19, 2024 and moved toward a liquidation plan after a $12.95M sale to Team King.

Media, sports & entertainment

Mar 6

iLearningEngines: SPAC Fallout and Chapter 7 Conversion

iLearningEngines filed chapter 11 in Delaware on Dec 20, 2024 and converted to chapter 7 on Mar 6, 2025 after failing to secure postpetition financing.

FreefallTechnology & telecom

Mar 6

CURO Group: $1B Debt Cut in Prepackaged Chapter 11

CURO filed a prepackaged chapter 11 in SDTX to cut about $1B debt; plan confirmed May 16, 2024, effective July 19, 2024.

PrepackagedFinancial services

Mar 6

KidKraft: MidOcean-Backed Toy Maker Sold to Backyard Products in Prepack

KidKraft filed prepackaged chapter 11 May 2024; sold to Backyard Products. Plan confirmed in 45 days. Canadian affiliates filed separate CCAA.

PrepackagedIndustrials & manufacturing

Mar 6

JOANN: Craft Retailer Files Second Bankruptcy, Closes All 800 Stores

JOANN filed second chapter 11 Jan 2025; closed all 800+ stores. IP sold to Michaels affiliate. Liquidation completed May 2025.

Consumer & retail

Mar 6

Gamida Cell: Cross-Border Prepack Preserves Omisirge Commercialization

Gamida Cell filed prepackaged chapter 11 May 2024; Highbridge converted debt to equity. Plan confirmed in nine days; Omisirge commercialization preserved.

PrepackagedHealthcare & life sciences

Mar 6

Crucible Industries Sells CPM Steel Business to Erasteel for $11–12M

Crucible Industries sold its CPM steel business to Erasteel for an expected $11–12 million, then converted to chapter 7.

Chapter 7Industrials & manufacturing

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