Coverage, page 9

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

542 articles

Showing 97 to 108 of 542 coverage articles

Week of May 18, 2026

Mosaic Sustainable Finance: $45M DIP and Liquidating Plan Transfers $8B Solar Portfolio

Mosaic Sustainable Finance filed chapter 11 in Houston on June 6, 2025, after a 31% solar market contraction and federal tax credit rollback. A $45M DIP financed the wind-down; Forbright's subsidiary Solar Servicing acquired the $8B+ servicing portfolio through a confirmed liquidating plan.

FreefallEnergy & natural resources

May 22

Nikola Assets Sold to Lucid, Liquidating Trust Addresses Trevor Milton Claims

Nikola Corporation (NASDAQ: NKLA) filed chapter 11 in Delaware on Feb. 19, 2025, after failing to find a buyer pre-petition. Assets sold via 363 to Lucid; liquidating plan went effective Dec. 12, 2025. Milton's presidential pardon spawned ISSO claims.

Industrials & manufacturing

May 22

Pure Prairie Poultry: Seven-Day Chapter 11 and Plant Shutdown

Pure Prairie Poultry filed chapter 11 in Minnesota on Sept. 20, 2024 and sought a $15 million DIP to fund a sale process. Secured lenders blocked the priming lien structure and the case was dismissed in seven days. The Iowa plant shut down in October 2024; assets were sold via credit bid in 2025.

FreefallFood & agriculture

May 22

Penn Brewery: Craft Brewery Chapter 11 Filing

Penn Brewery's craft brewery chapter 11 filing in the Western District of Pennsylvania followed a lawsuit by First Commonwealth Bank, holder of a $5.1M claim, as production fell 30% since 2022.

AnalysisFood & agriculture

May 22

Benson Hill: From $2B SPAC Valuation to Credit Bid Sale and Chapter 7

Benson Hill funding rounds, investors, SPAC proceeds and bankruptcy path: a $282.3M venture-backed AgTech company moved through a Delaware chapter 11 credit bid sale and chapter 7 conversion.

Chapter 7Healthcare & life sciences

May 22

Silver Airways Shuts Down, Converts to Chapter 7

Silver Airways shut down after a $5.775M lender-backed sale drew no overbid, then converted to Chapter 7 on July 28, 2025.

Chapter 7Travel, leisure & hospitality

May 22

Del Monte Foods Wins Approval of $509M Sale, Wind-Down Plan

Del Monte Foods sold substantially all business segments for about $509M and won approval of a joint chapter 11 wind-down plan in New Jersey.

Consumer & retail

May 22

Miyoshi America: $20M Talc 524(g) Trust and Prepackaged Plan

Miyoshi America, a Connecticut cosmetic ingredient manufacturer, filed a prepackaged chapter 11 in S.D. Texas on April 27, 2026, to resolve over 200 pending talc injury cases through a $20M 524(g) channeling trust backed by parent Miyoshi Kasei.

PrepackagedIndustrials & manufacturing

May 22

23andMe: From $6B Unicorn to $305M Nonprofit Sale

23andMe filed chapter 11 in March 2025 after declining from a $6 billion peak valuation to approximately $50 million, compounded by a 6.9 million-customer data breach. A two-stage auction produced a $305 million sale to TTAM Research Institute, a nonprofit founded by co-founder Anne Wojcicki.

Healthcare & life sciences

May 21

CHS Care NY: YesCare Files Chapter 11 After $307M Jackson Verdict

CHS Care NY, LLC filed chapter 11 on May 14, 2026 in the Middle District of Florida, joining the YesCare prison-healthcare group's repeat bankruptcy. The case follows a $307M Michigan jury verdict, the Tehum Plan settlement default, and a Tehum-trust motion to transfer venue to S.D. Texas.

FreefallHealthcare & life sciences

May 20

West Marine Bankruptcy: $549.2M in Debt, Dual-Track Plan Targets July Confirmation

West Marine filed prenegotiated chapter 11 May 17, 2026 in Delaware (26-10794-KBO) with $549.2M in funded debt and a dual-track plan backed by 96.2% of term loan holders. Oaktree and L Catterton-backed boating retailer targets recapitalization or asset sale; combined hearing July 30, 2026.

PrenegotiatedConsumer & retail

May 18

FAT Brands Wins Approval of Four Brand Sales, Files $445.9M Liquidation Plan

FAT Brands' chapter 11 reached plan stage: four brand-by-brand sale orders entered May 19, 2026, and a Joint Plan of Liquidation establishing a Liquidation Trust — with $445.9M in unsecured claims and a $9.23M wind-down fund — was filed May 22.

FreefallFood & agriculture

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