Coverage, page 43

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

542 articles

Showing 505 to 516 of 542 coverage articles

Week of December 29, 2025

Wilson Creek Energy Bankruptcy: $15M Rosebud Sale Splits Coal Assets, Case Dismissed

Wilson Creek Energy and ten affiliates of Canadian parent Corsa Coal Corp. filed chapter 11 in January 2025. A three-way auction split Appalachian metallurgical coal assets: Rosebud Mining ($15M), DIP lender KIA II ($7M), LCT Energy ($1.5M). Cases dismissed in 164 days.

Energy & natural resources

Jan 3

White Forest Resources: $21M Partial Sale Leads to Chapter 7

White Forest Resources filed chapter 11 in Delaware on Feb. 7, 2025, carrying ~$79M of debt. The Raven Crest thermal coal mine sold to Eagle Horizon for ~$21M; when the South Fork mine sale collapsed, the debtors converted to chapter 7 on Aug. 25, 2025—roughly 200 days after filing.

Chapter 7Energy & natural resources

Jan 3

Vision2Systems: Liquidation Plan Confirmed Over U.S. Trustee Opposition

Dallas church fintech Vision2Systems filed chapter 11 in Feb. 2025 after a margin account practice caused donation shortfalls to 325 churches. The court confirmed a five-class liquidation plan in Jan. 2026 over U.S. Trustee opposition, with a $110,000 pool for unsecured creditors.

FreefallFinancial services

Jan 3

Viridos Sells Algae Assets to Breakthrough Energy Ventures for $5.95M

Viridos’s algae-biofuel assets sold to Breakthrough Energy Ventures II for a $5.95M credit bid after its Delaware chapter 11 filing. The case was dismissed in November 2025.

Subchapter VHealthcare & life sciences

Jan 3

Tricolor Holdings Files Chapter 7 as Executives Charged with $800M Collateral Fraud

Tricolor Holdings, a Dallas-based subprime auto lender, abruptly shut down 60 dealerships in September 2025 and filed chapter 7 bankruptcy. Federal prosecutors later charged executives with an alleged $800M collateral fraud scheme, with JPMorgan and Fifth Third disclosing $340M+ in losses.

FreefallIndustrials & manufacturing

Jan 3

Scanrock Oil & Gas Bankruptcy: $50M Contested Case Confirms After 212-Day Fight

Scanrock Oil & Gas filed chapter 11 Feb 2025 with $50M in Prosperity Bank debt, no DIP financing. The 212-day case survived a trustee motion, substantive consolidation fight, and conversion threat, confirming a plan projecting 100% recovery for royalty and unsecured creditors.

FreefallEnergy & natural resources

Jan 3

Publishers Clearing House: Sweepstakes Icon Collapse Leaves Prize Winners Unsecured

Publishers Clearing House (PCH) filed chapter 11 Apr 2025; brand sold to ARB for $7.1M and "5,000 a week for life" winners became unsecured creditors.

Consumer & retail

Jan 3

Plenty Unlimited: Prepackaged Plan Wipes Equity After 99% Valuation Drop

Plenty Unlimited Texas LLC filed prepackaged chapter 11 March 23, 2025 in S.D. Tex. as its $1.9B valuation fell 99%. A $20.7M DIP backed a 53-day case; Plenty emerged May 29, 2025 with its Richmond strawberry farm intact.

PrepackagedFood & agriculture

Jan 2

Wynne Transportation Holdings: $32.8M Judgment Ends 46-Day Chapter 11

Wynne Transportation's 46-day chapter 11 bankruptcy: $32.8M GETZ judgment, Operation Lone Star contracts, and rapid conversion to chapter 7 liquidation.

FreefallEnergy & natural resources

Jan 2

VWS Holdco Converts to Chapter 7 After $183M Insider Debt and Failed Landfill Sale

VWS Holdco and Shoosmith Bros. filed chapter 11 in Delaware on June 1, 2025, carrying roughly $183 million in insider-held note debt from a closed Virginia municipal solid waste landfill. The case converted to chapter 7 after 60 days when a proposed $5.4 million DIP and sale process both failed.

FreefallIndustrials & manufacturing

Jan 2

Perceptive Takes Synthego’s CRISPR Assets in $85M Credit Bid

Perceptive acquired Synthego’s CRISPR assets in an $85M credit bid. The confirmed liquidating plan estimated a 4.4% recovery for general unsecured creditors.

Healthcare & life sciences

Jan 2

Sunnova Energy International: S.D. Tex. Case 25-90160 363 Sale

Sunnova Energy International DIP targeted $70-$100M for ~45-day sale; 363 sale to Solaris.

Energy & natural resources

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