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Coverage, page 34 - ElevenFlo

Coverage, page 34

569 articles

Week of March 2, 2026

Burgess BioPower's Lenders Take Ownership of Berlin Station After Sale Process Yields No Bids

Burgess BioPower Feb 2024 Delaware ch. 11 addressed PPA dispute liquidity stress, obtained DIP financing, and confirmed a plan.

FreefallEnergy & natural resources

Bridge Diagnostics: Subchapter V Plan Confirmed by Cramdown

Bridge Diagnostics Subchapter V ch. 11 confirmed a plan by cramdown under 11 U.S.C. § 1191(b).

Subchapter VHealthcare & life sciences

Atlantic Neurosurgical: 363 Sale of Surgery Center Assets and Liquidation Trust Plan

Atlantic Neurosurgical New Jersey ch. 11 ran a 363 sale and confirmed a joint liquidation trust plan effective March 2025.

Healthcare & life sciences

Exactech Files Chapter 11 to Separate Recall Liability Into Trust and Sell Going-Concern Business

Exactech Oct 2024 Delaware ch. 11 pursued an RSA-backed going-concern 363 sale process funded by an $85M DIP.

PrenegotiatedHealthcare & life sciences

BurgerFi: Dual-Brand 363 Sales and a Confirmed Liquidating Plan

BurgerFi ch. 11 completed 363 sales of BurgerFi and Anthony’s assets and confirmed a liquidating trust plan.

Food & agriculture

Biora Therapeutics: 363 Sale Followed by Chapter 7 Conversion

Biora Therapeutics Dec 2024 Delaware ch. 11 ran an expedited 363 sale and later converted to ch. 7 in May 2025.

Chapter 7Healthcare & life sciences

Akoustis: Litigation Shock Drives 363 Sales and a Liquidating Chapter 11 Plan

Akoustis Dec 2024 Delaware ch. 11 pursued cash collateral, 363 asset sales, and a confirmed liquidation/wind-down plan.

Technology & telecom

American Tire Distributors: Mega DIP, 363 Sale, and Confirmed Wind-Down Plan

American Tire Distributors Delaware ch. 11 ran a DIP and 363 sale, then confirmed a wind-down plan for remaining claims.

Chapter 15Industrials & manufacturing

Airspan Networks: Fortress-Backed Prepack Equitizes Debt and Raises New Equity

Airspan Networks March 2024 Delaware prepack equitized debt and implemented new equity funding; effective October 2024.

PrepackagedTechnology & telecom

Avon Products Files Chapter 11, Returns Non-U.S. Business to Natura via $125M Credit-Bid

Avon Products Aug 2024 Delaware ch. 11 sold non-U.S. Avon operations via 363 process and confirmed a liquidation trust.

Consumer & retail

Afiniti Gets U.S. Chapter 15 Recognition of Bermuda Light-Touch Restructuring

Afiniti November 2024 Delaware ch. 15 filed to recognize a Bermuda “light-touch” provisional liquidation restructuring.

Chapter 15Technology & telecom

Acorda Therapeutics Sells Assets to Merz for $185 Million, Liquidating Plan Confirmed

Acorda Therapeutics April 2024 SDNY ch. 11 ran a $185M stalking horse 363 sale to Merz and confirmed a liquidation plan.

Healthcare & life sciences

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