Coverage, page 42

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

542 articles

Showing 493 to 504 of 542 coverage articles

Week of January 26, 2026

Silvergate Capital: Crypto Bank Parent Liquidates After $8B Deposit Run

Silvergate Capital (Del., case 24-12158) filed chapter 11 Sept 2024 after an $8B deposit run triggered by the 2022 crypto collapse and FTX failure. The bank surrendered its charter July 2024; a confirmed plan established a liquidation trust for preferred stockholders and future FTX-related claims.

Financial services

Jan 26

ProSomnus: $27M Secured Debt Cut in 90-Day Plan

ProSomnus, Inc. filed chapter 11 in May 2024 after its 2022 de-SPAC listing left it overleveraged. A $13M DIP facility and prenegotiated plan confirmed in 90 days cut secured debt by ~65%, converting notes to equity while paying all trade creditors in full.

PrenegotiatedHealthcare & life sciences

Jan 26

White Rock Medical Center Files Chapter 11, Citing $11M Acquisition Dispute

White Rock Medical Center, a 218-bed Dallas safety-net hospital, filed chapter 11 on January 20, 2026 in SDTX. Management alleges Pipeline Health overstated receivables by over $11M at the time of the 2023 acquisition. An equipment 363 sale process is underway.

FreefallHealthcare & life sciences

Jan 26

Tonopah Solar Energy: $7M Sale and CMB Trustee Fight

Tonopah Solar Energy filed chapter 11 in Delaware on January 21, 2026, its second filing in five years. The Crescent Dunes 110 MW plant sold for $7M to Sons of Liberty Construction with no competing bids. CMB's $270M claims and trustee motion remain contested ahead of July 7 confirmation.

PrenegotiatedEnergy & natural resources

Week of January 12, 2026

Jan 17

Terraform Labs: $4.47B SEC Settlement Shapes Liquidating Plan

Terraform Labs filed chapter 11 in Delaware on January 21, 2024, after the $40B TerraUSD collapse. A $4.47B SEC settlement anchors the liquidating plan; the Wind Down Trust is reconciling 16,640 crypto loss claims and pursuing a $4B lawsuit against Jump Trading.

FreefallFinancial services

Jan 17

CarePoint Health: $67M DIP and Confirmed Plan Transfers NJ Hospitals

CarePoint Health filed chapter 11 Nov. 2024 in Delaware (case 24-12534) with $67M in DIP financing for its three Hudson County hospitals. A confirmed plan (Apr. 17, 2025) transferred the hospitals to Hudson Regional Health effective May 2025, with a Litigation Trust projecting 1%-2% GUC recovery.

FreefallHealthcare & life sciences

Jan 16

Vertex Energy: Lenders Take Equity in $320M Recapitalization After Auction Fails

Vertex Energy filed chapter 11 in September 2024 in Houston after a failed renewable diesel pivot left the refiner with roughly $422M in funded debt. A 77-day sale process drew no qualified bids; term lenders eliminated roughly $320M of debt and took ownership at emergence in January 2025.

PrenegotiatedEnergy & natural resources

Jan 15

Tupperware: Lender-Driven 363 Sale and Confirmed Liquidation Trust Plan

Tupperware Sept 2024 Delaware ch. 11 ran a lender-driven 363 sale and confirmed a liquidation trust plan in 2025.

Consumer & retail

Jan 15

Red Lobster: Lender Group Takes Reorganized Equity, Unsecured Creditors Recover via Trust

Red Lobster filed chapter 11 in M.D. Florida on May 19, 2024, with an RSA already in place. The case confirmed September 6, 2024, transferring reorganized equity to a Fortress-led lender group; unsecured creditors recover through a litigation trust backed by equityholder claims.

PrenegotiatedFood & agriculture

Week of January 5, 2026

Jan 10

Rite Aid: $4B Debt and Complete Liquidation After Two Filings

Rite Aid filed chapter 11 in October 2023 with $4 billion in funded debt and more than 1,600 opioid lawsuits. After emerging in September 2024 with $2 billion in debt eliminated, the pharmacy chain filed again in May 2025 and liquidated completely, closing all stores by October 2025.

FreefallConsumer & retail

Jan 7

Whitehall Trust: $31.3M Mortgage and Receiver Dispute Drive Chapter 11

Whitehall Trust and three PA senior care entities filed chapter 11 in December 2025 after a state court voided amended leases and ordered revenue turnover. The case involves $31.3M in mortgage debt and disputes over SARE status, cash collateral, and patient care oversight.

FreefallHealthcare & life sciences

Week of December 29, 2025

Jan 3

WeightWatchers: $1.15B Debt Cut in 42-Day Prepackaged Plan

WeightWatchers filed prepackaged chapter 11 in Delaware on May 6, 2025, after GLP-1 weight loss drugs undercut its subscription model. The 42-day case eliminated $1.15B of $1.6B in debt; the company emerged as a private entity on June 24, 2025.

PrepackagedConsumer & retail

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