Food &amp; agriculture coverage

BurgerFi: Dual-Brand 363 Sales and a Confirmed Liquidating Plan

BurgerFi ch. 11 completed 363 sales of BurgerFi and Anthony’s assets and confirmed a liquidating trust plan.

DCA Outdoor Bankruptcy: Creditor Fight Drives $12.2M Asset Sale

DCA Outdoor's Missouri chapter 11 spans 21 debtors, creditor allegations against Tory Schwope, a denied trustee motion, an $8.05M Summit DIP and staged asset sales.

Consolidated Burger Holdings: N.D. Fla. Case 25-40162 363 Sale Process

57-unit Burger King franchisee filed chapter 11 after franchisor declared defaults over Reclaim the Flame remodels. 363 sale to CKJ Burger.

Hooters of America: Founder-Led Buyout Returns Iconic Chain to Its Roots

filed ch. 11 with $376M debt. Founders acquired 140+ locations. Full docket and plan confirmation analysis.

Subchapter VFood & agriculture

House Spirits Distillery: Subchapter V Chapter 11 and $2.7M 363 Sale

House Spirits Distillery, maker of Westward Whiskey, filed Subchapter V in Delaware after Diageo declined funding and a restrictive operating agreement blocked alternatives. Aqua Ardens acquired all assets for $2.7M via 363 sale, restoring independent ownership.

Hansen-Mueller: Grain Dealer Collapse Leaves 1,000+ Farmers Across 34 States Seeking Recovery

Grain dealer files ch. 11 after $39.5M in failed ventures. 1,000+ farmers across 34 states.

Harvest Sherwood Food Distributors: Antitrust Wind-Down

Harvest Sherwood, the largest independent U.S. food distributor ($4B revenue), filed chapter 11 in May 2025 after customer Sprouts Farmers Market moved to self-distribution. The wind-down case centers on monetizing ~$1.09B in antitrust claims against pork, chicken, beef, and turkey producers.

Week of February 2, 2026

Feb 5

Tijuana Flats Bankruptcy: $16M Debt Reset After Closing 40 Restaurants

Tijuana Flats filed chapter 11 in April 2024 after closing 40 restaurants and defaulting on $20M in Truist debt. The Florida Tex-Mex chain reorganized under cash collateral, confirmed a plan in January 2025, and emerged in March 2025 with secured debt cut to $16M.

Feb 5

Smallhold Bankruptcy: Subchapter V Cramdown and Opt-Out Release Ruling

Smallhold filed Subchapter V in February 2024 in Delaware. The court confirmed a cramdown plan over creditor rejection, assigning $8.6 million in unsecured claims to a $155,000 sponsor-guaranteed pool. Judge Goldblatt's opt-out release opinion became a post-Purdue Pharma reference point.

Feb 3

Vobev: $150M Credit Bid Sale and Liquidating Plan

Vobev, LLC filed chapter 11 in the District of Utah on December 9, 2024, listing ~$476M in total debt. A $150M Ares credit bid closed February 2025 and a GUC Trust-funded liquidating plan was confirmed April 24, 2025, completing the sale-driven restructuring of the Salt Lake City beverage canmaker.