Consumer &amp; retail coverage

Blink Fitness: 363 Asset Sales and Confirmed Liquidation Plan

Blink Fitness Aug 2024 Delaware ch. 11 ran 363 asset sales and confirmed a liquidation plan with a plan administrator.

FreefallConsumer & retail

Liberated Brands: ABG License Termination Topples Volcom, Billabong, and Quiksilver Retail

Liberated Brands chapter 11: ABG terminated Volcom, Billabong, Quiksilver licenses. Gordon Brothers liquidated 122 stores; $65M fell short of secured debt.

Cutera: Noteholders Convert $400M in Notes to Equity in 57-Day Prepackaged Case

Cutera's prepackaged chapter 11 converted $429M in unsecured senior notes to equity in 57 days, eliminating over $400M of debt. The Southern District of Texas case confirmed on day 42 over a U.S. Trustee release objection; Cutera emerged private on May 1, 2025.

Air Pros USA: PE-Backed HVAC Giant's $250M Collapse and Six-Way Breakup

Air Pros USA chapter 11: PE-backed HVAC platform's $250M debt collapse, six-unit breakup sale, and founder buyback of Florida operations.

Chapter 7Consumer & retail

Diamond Comic Distributors: 40-Year Monopoly Ends in Chapter 7

Diamond Comic Distributors ch. 11 collapsed into ch. 7. DC, Marvel departures ended 40-year monopoly.

At Home Group: Tariff Shock Triggers $2B Debt Restructuring

At Home's chapter 11 eliminated $2B debt after 145% China tariffs. Emerged in 4.5 months; H&F's $2.8B equity wiped out.

FreefallConsumer & retail

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.

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.

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.

Subchapter VConsumer & retail

Lunya: DTC Sleepwear Brand's Subchapter V Success

Lunya, a DTC luxury sleepwear brand, filed Subchapter V chapter 11 in Delaware after iOS 14 disrupted its Facebook marketing, revenue fell 30% from $50M+, and 66 weeks of excess inventory tied up capital. Plan confirmed via cramdown; case closed within 12 months.

Container Store Exits Prepackaged Chapter 11 in 35 Days, Eliminating $88M in Debt

The Container Store filed a prepackaged Chapter 11 in the Southern District of Texas on December 22, 2024, and emerged 35 days later after eliminating approximately $88 million in debt. Term loan lenders converted to equity owners; general unsecured creditors were paid in full.

Mosaic Companies: Baupost-Backed Luxury Tile Empire Crumbles in 129-Day Liquidation

Mosaic Companies filed chapter 11 with $65M debt. Artivo acquired Walker Zanger for $17.5M in 129-day liquidation. 150+ silica lawsuits stayed.