Mar 6iLearningEngines: SPAC Fallout and Chapter 7 ConversioniLearningEngines 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 6CURO Group: $1B Debt Cut in Prepackaged Chapter 11CURO filed a prepackaged chapter 11 in SDTX to cut about $1B debt; plan confirmed May 16, 2024, effective July 19, 2024.PrepackagedFinancial services
Mar 6KidKraft: MidOcean-Backed Toy Maker Sold to Backyard Products in PrepackKidKraft filed prepackaged chapter 11 May 2024; sold to Backyard Products. Plan confirmed in 45 days. Canadian affiliates filed separate CCAA.PrepackagedIndustrials & manufacturing
Mar 6JOANN: Craft Retailer Files Second Bankruptcy, Closes All 800 StoresJOANN filed second chapter 11 Jan 2025; closed all 800+ stores. IP sold to Michaels affiliate. Liquidation completed May 2025.Consumer & retail
Mar 6Gamida Cell: Cross-Border Prepack Preserves Omisirge CommercializationGamida Cell filed prepackaged chapter 11 May 2024; Highbridge converted debt to equity. Plan confirmed in nine days; Omisirge commercialization preserved.PrepackagedHealthcare & life sciences
Mar 6Crucible Industries Sells CPM Steel Business to Erasteel for $11–12MCrucible Industries sold its CPM steel business to Erasteel for an expected $11–12 million, then converted to chapter 7.Chapter 7Industrials & manufacturing
Mar 6Coking Coal: Metallurgical Coal Miner Sells Assets to Black Energy CorpCoking Coal filed chapter 11 Dec 2024 after met coal price decline; sold assets to Black Energy Corp with contingent GUC recovery.Energy & natural resources
Mar 6Fulcrum BioEnergy: $456M Debt and Nevada Biorefinery SaleFulcrum BioEnergy filed chapter 11 in Delaware on Sept. 9, 2024 with over $456M in obligations. Switch provided a $5M DIP and bought the Nevada biorefinery.Industrials & manufacturing
Mar 6Cosmed Group Converts to Chapter 7 After EtO Litigation and Zimmer-Funded Asset SalesCosmed Group filed chapter 11 after EtO suits and defense costs, funded by a $7.5M Zimmer DIP and two 363 sales before converting to chapter 7.FreefallHealthcare & life sciences
Mar 6PetroQuest Energy Sells East Texas Assets for $20.6M and Dismisses Chapter 11PetroQuest Energy filed chapter 11 in Delaware in Nov. 2024, ran an East Texas 363 sale and a litigation-asset sale, and dismissed the case in Oct. 2025.FreefallEnergy & natural resources
Mar 6Humanigen Sells Assets to Taran Therapeutics After FDA Denial, Backed by $2M Insider LoanHumanigen filed chapter 11 in Delaware in January 2024 and sold assets to Taran via an insider $2M DIP-backed 363 process. Liquidating trust followed.Healthcare & life sciences
Mar 6iSun: One-Bidder 363 Sale Ends in Chapter 7 CaseiSun’s Delaware chapter 11 ran a stalking-horse 363 sale and later converted to chapter 7 after the business was sold.Chapter 7Energy & natural resources