Coverage, page 36

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

542 articles

Showing 421 to 432 of 542 coverage articles

Week of March 2, 2026

Ligado Networks: $8.6B Debt-to-Equity Conversion After Decade-Long Spectrum Battle

Ligado converted $8.6B debt to equity in a 9-month chapter 11; AST SpaceMobile spectrum deal and $39B lawsuit drive value.

PrenegotiatedTechnology & telecom

Mar 6

Hooters of America: Founder-Led Buyout Returns Iconic Chain to Its Roots

filed ch. 11 with $376M debt. Founders acquired 140+ locations. Full docket and plan confirmation analysis.

FreefallFood & agriculture

Mar 6

Five Star Development: $2B Ritz-Carlton Project Halts Madison Foreclosure

Five Star filed chapter 11 to halt Madison Realty's $585M loan foreclosure. $47M DIP funds $2B Ritz-Carlton Paradise Valley completion.

FreefallReal estate & construction

Mar 6

Buddy Mac Holdings: Franchisor Collapse Triggers Chapter 11

Buddy Mac Holdings filed chapter 11 with 49 affiliates after franchisor bankruptcy triggered supplier credit crisis. Complete 50-debtor case analysis.

FreefallConsumer & retail

Mar 6

Apple Tree Files Chapter 11 to Halt $6.5B Fund Fight With Rybolovlev

Apple Tree Life Sciences filed Chapter 11 to preserve its $6.5B biotech fund amid a governance and funding dispute with Dmitry Rybolovlev's Rigmora.

FreefallHealthcare & life sciences

Mar 6

Ample: $330M Battery Swapping Unicorn's Chapter 11 Collapse

Ample filed chapter 11 Dec 2025 after raising $330M+ from Shell, Blackstone, Mitsubishi. Battery swapping startup pursuing 363 sale. Full case analysis.

Industrials & manufacturing

Mar 6

iRobot Corporation: Prepackaged Plan Transfers Ownership to Picea

iRobot Corporation, the Roomba maker, filed a prepackaged chapter 11 in Delaware on December 14, 2025. The plan transferred 100% ownership to Chinese manufacturer Shenzhen Picea Robotics via debt-for-equity conversion. Confirmed January 22 and effective January 23, 2026; existing equity cancelled.

PrepackagedConsumer & retail

Mar 6

Lutheran Life Communities: $189M Bond Restructuring Tests CCRC Model

Lutheran Life Communities, a nonprofit CCRC operator serving 825 residents across four Illinois and Indiana facilities, filed chapter 11 to restructure $189M in municipal bonds via bondholder-negotiated exchange. The case highlights systemic CCRC sector vulnerability to post-pandemic economics.

FreefallHealthcare & life sciences

Mar 6

Mondee Holdings: $191M Credit Bid Sale in 80 Days

Mondee Holdings, the largest air ticket consolidator in North America, filed chapter 11 in Delaware with a pre-negotiated $191M stalking horse credit bid. The 80-day sale transferred assets to founder Prasad Gundumogula (75% stake). The case was dismissed after post-sale tax complications.

PrenegotiatedTechnology & telecom

Mar 6

Omega Therapeutics: $14M Chapter 11 Sale After $532M Deal

Clinical-stage biotech Omega Therapeutics filed chapter 11 in Delaware Feb 2025 after Banc of California swept $14.7M from accounts. Flagship Pioneering affiliate acquired all assets via $14M credit bid in 74 days. Plan of liquidation confirmed July 2025.

Healthcare & life sciences

Mar 6

Flagship Resort: $5M Insider Buyout of Atlantic City Timeshare Portfolio

Atlantic City's largest non-casino hospitality provider filed chapter 11 amid consumer fraud litigation and margin compression. Former co-CEOs resigned weeks before filing, formed AC Boardwalk Investments, and acquired the 794-unit timeshare portfolio for $5M cash plus $40.5M in assumed debt.

Travel, leisure & hospitality

Mar 6

Car Toys: 38-Year Retailer's $14M Going-Concern Sale

Car Toys, the largest independent car audio retailer in America, filed chapter 11 in W.D. Washington after revenue declined from $127M to $60M. Five buyers acquired 35 stores for ~$14M. Insider conflicts over founder Brettler's $20M+ secured claim resolved via December 2025 settlement.

Consumer & retail

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