Financial services coverage

chapter 11 and restructuring coverage across Financial services.

44 articles

Showing 25 to 36 of 44 coverage articles

Week of March 16, 2026

Center for Special Needs Trust Administration: Trustee Wind-Down After $100M Shortfall

The Center for Special Needs Trust Administration chapter 11 case became a trustee-run wind-down after a roughly $100 million trust-fund shortfall, with beneficiary transitions, asset sales, insider litigation, and later criminal charges.

FreefallFinancial services

Mar 16

Weiss Multi-Strategy Advisers: Jefferies Dispute and Examiner Fallout

Weiss Multi-Strategy Advisers filed chapter 11 in SDNY on April 29, 2024 to wind down after a dispute with Jefferies. The post covers the examiner report, Portuguese bond sale, insider DIP fight, and founder George Weiss's later personal bankruptcy.

FreefallFinancial services

Mar 16

Reliant Life Shares: Liquidation Through Dual Trusts

Reliant Life Shares filed chapter 11 in the Central District of California to resolve investor, receiver, and judgment-creditor disputes around a life-settlement portfolio, then confirmed a liquidation plan using separate liquidating-trust and policy-trust structures.

Financial services

Week of March 9, 2026

Mar 15

Charter School Capital: $80M Sale, Liquidating Plan

Charter School Capital filed chapter 11 in Delaware on June 8, 2025, after ESSER pandemic relief eliminated demand for its charter school receivables financing. The court approved an $80M 363 sale to New GS LLC and confirmed a liquidating plan projecting 100% recovery for unsecured creditors and 0-7% for preferred equity.

Financial services

Week of March 2, 2026

Mar 6

Archblock: TrueUSD Creator's Reserve Crisis Spans Four Crypto Bankruptcies

Archblock LLC filed chapter 11 in Delaware Feb. 6, 2026. The TrueUSD stablecoin creator connects to FTX, Celsius, and Prime Trust bankruptcies.

FreefallFinancial services

Mar 6

Cottonwood Financial: Cash Store Payday Lender Sold to Check 'n Go Operator

Cash Store payday lender Cottonwood Financial filed chapter 11 Feb 2024; sold 181 stores to CNG Holdings. Unsecured creditors received nothing.

Financial services

Mar 6

Credivalores: Prepackaged Note Exchange and Chapter 7 Conversion

Credivalores filed a prepackaged chapter 11 in SDNY to exchange $210.8M notes for secured 2029 notes; converted to chapter 7 in July 2025.

PrepackagedFinancial services

Mar 6

CURO Group: $1B Debt Cut in Prepackaged Chapter 11

CURO filed a prepackaged chapter 11 in SDTX to cut about $1B debt; plan confirmed May 16, 2024, effective July 19, 2024.

PrepackagedFinancial services

Mar 6

Conn's Sells Consumer Receivable Portfolios to Jefferson Capital and Winds Down After Chapter 11

Conn's July 2024 Houston ch. 11 paired store closings with a 363 sale and DIP/cash collateral; Jefferson Capital deal at $360M.

FreefallConsumer & retail

Mar 6

Chesswood Files Chapter 15 to Enforce Canadian CCAA Vesting Orders for U.S. Asset Sales

Chesswood Oct 2024 Delaware ch. 15 recognized Canadian proceedings and enforced vesting-order sale transactions for subsidiaries.

Chapter 15Financial services

Mar 6

Creativemass: Fintech's 60-Day Subchapter V Liquidation

Creativemass Holdings, the fintech venture behind the Salesforce-based WealthConnect wealth management platform, filed a prepackaged Subchapter V chapter 11 liquidation in Delaware after a failed $70M Goldman Sachs capital raise. Unsecured creditors received 100% recovery; equity holders ~45%.

PrepackagedFinancial services

Mar 6

Navellier & Associates Proposes Revenue Plan for $31.4M SEC Judgment

Navellier & Associates filed chapter 11 in September 2025 after the Supreme Court left a $22.7M SEC disgorgement award intact. Its June 2026 plan proposes revenue-funded payments on the $31.4M total judgment while the SEC seeks dismissal and nondischargeability.

FreefallFinancial services