Mar 19Claire's: $140M Sale, Liquidating PlanClaire's second bankruptcy ended with a $140 million sale of its North American business and confirmation of a liquidating plan for the remaining Delaware estates.Freefall
Mar 19Wag!: 66-Day Prepack Chapter 11 Transfers OwnershipWag\! Group Co. filed prepackaged chapter 11 in Delaware in July 2025 after SoftBank's $300M investment, a failed SPAC, and $69.5M in cumulative losses. Retriever LLC converted $16.3M in secured debt to 100% equity; the plan confirmed in 66 days with general unsecured creditors paid in full.Prepackaged
Mar 19Forever 21: From $11,000 and a Single Store to Chapter 22 LiquidationForever 21 filed chapter 11 in 2019 and sold for $81M; the buyer F21 OpCo filed again in 2025. Full case analysis and timeline.Freefall
Mar 16RadioShack: Store Sales, Liquidating Trust, and Creditor RecoveriesRadioShack's 2015 chapter 11 combined a going-concern sale to a Standard General affiliate with large-scale store closings, a later lender settlement, and creditor distributions through a liquidating trust.
Mar 16Francesca's Holdings Corporation: 363 Sale and Liquidating PlanFrancesca's chapter 11 case in Delaware moved quickly from a pandemic-driven filing to a section 363 sale and a liquidating plan, with unsecured creditor recoveries later exceeding the range projected at confirmation.Freefall
Mar 16Instant Brands: Instant Pot Sold, Lenders Take $390.9M EquityInstant Brands filed chapter 11 in the Southern District of Texas on June 12, 2023 with roughly $512.3 million of funded debt. The case split into an Instant Pot appliances sale and a failed housewares sale, then emerged on February 27, 2024 as Corelle Brands under lender ownership.
Mar 16Amyris Emerges from Bankruptcy After Consumer Brand SalesAmyris sold its consumer brands and emerged from Chapter 11 in May 2024, retaining its biotechnology platform under ownership of its secured lenders.Freefall
Mar 16Tommy's Boats: Trustee-Led Liquidation After Dealer DisputeTommy's Boats filed chapter 11 in Texas after a dispute with Malibu Boats and roughly $105 million in floorplan debt. The case shifted quickly to chapter 11 trustee control, produced a $3.5 million Malibu settlement, and ended in a confirmed liquidating plan effective August 26, 2025.Freefall
Mar 16LL Flooring: Lumber Liquidators Successor Closes 430 Stores After Sale FailsLL Flooring filed chapter 11 in Delaware after vendor pullbacks and a liquidity squeeze. The failed sale process led to store closures and a confirmed liquidating plan.
Mar 14Zips Car Wash: Lenders Take Control After 84-Day RestructuringZips Car Wash filed chapter 11 in the Northern District of Texas on February 5, 2025, emerged on April 30 after a lender-backed balance-sheet reset, and still had claims objections and lease appeals working through the docket into March 2026.Prepackaged
Mar 10The Stephan Company Bankruptcy: $50-100M Talc Trust CaseThe Stephan Company filed chapter 11 after reporting 700+ talc lawsuits, with $50-100M liabilities and a proposed Section 524(g) trust.Freefall
Mar 9United Site Services Cuts $2.4 Billion in Debt, Lenders Take ControlUnited Site Services' chapter 11 plan went effective on March 3, 2026 after confirmation in New Jersey. Existing equity was wiped out as the portable sanitation provider cut about $2.4 billion of debt and shifted ownership through a lender-backed equity raise and exit financing package.Prepackaged