Mar 6Clearside Biomedical: Equity Holders Challenge $2.7M Stalking Horse in Debt-Free BankruptcyClearside Biomedical's 363 sale faces equity holder challenge. No funded debt means shareholders may recover value from $2.7M stalking horse.
Mar 6Jackson Hospital: Bond Default, BCBS Lawsuit Shape RestructuringJackson Hospital & Clinic, Montgomery's 344-bed safety-net hospital, filed chapter 11 in M.D. Alabama after defaulting on $60M in bonds. The case involves $35M DIP financing, a $250M BCBS antitrust suit, October 2025 closure crisis, and SB222 dual bankruptcy legislation.Freefall
Mar 6Dynacq Healthcare: Rare POH License Anchors 363 Sale After Copper TheftDynacq Healthcare filed chapter 11 on December 8, 2025 to sell its rare physician-owned hospital. Copper theft and surgeon departures triggered the filing.
Feb 5Wellpath: $522M DIP and $550M Debt Reduction in Chapter 11Wellpath filed Nov 12, 2024 in SDTX, obtained a $522.4M DIP, and confirmed a plan on May 1, 2025 that cut debt by about $550M.Freefall
Feb 5Gamida Cell: Delaware Enforces Israeli Debt Arrangement on $75M Highbridge SwapGamida Cell Ltd. filed chapter 15 in Delaware on April 22, 2024, to enforce an Israeli Part 10 debt arrangement converting $75M of Highbridge senior notes into 100% of equity. The Delaware court recognized the Israeli proceeding and enforced the arrangement on May 15, 2024. Case closed May 24, 2024.Prepackaged
Feb 3Red River Talc: $9B Talc Trust Plan DismissedRed River Talc, J&J's third talc bankruptcy, proposed a prepackaged $9B 524(g) trust for ~90,000 ovarian cancer claims in S.D. Texas. Filed Sept. 20, 2024, the case was dismissed March 31, 2025 for impermissible third-party releases, infeasible channeling structure, and voting defects.Prepackaged
Jan 26ProSomnus: $27M Secured Debt Cut in 90-Day PlanProSomnus, Inc. filed chapter 11 in May 2024 after its 2022 de-SPAC listing left it overleveraged. A $13M DIP facility and prenegotiated plan confirmed in 90 days cut secured debt by ~65%, converting notes to equity while paying all trade creditors in full.Prenegotiated
Jan 26White Rock Medical Center Files Chapter 11, Citing $11M Acquisition DisputeWhite Rock Medical Center, a 218-bed Dallas safety-net hospital, filed chapter 11 on January 20, 2026 in SDTX. Management alleges Pipeline Health overstated receivables by over $11M at the time of the 2023 acquisition. An equipment 363 sale process is underway.Freefall
Jan 17CarePoint Health: $67M DIP and Confirmed Plan Transfers NJ HospitalsCarePoint Health filed chapter 11 Nov. 2024 in Delaware (case 24-12534) with $67M in DIP financing for its three Hudson County hospitals. A confirmed plan (Apr. 17, 2025) transferred the hospitals to Hudson Regional Health effective May 2025, with a Litigation Trust projecting 1%-2% GUC recovery.Freefall
Jan 10Rite Aid: $4B Debt and Complete Liquidation After Two FilingsRite Aid filed chapter 11 in October 2023 with $4 billion in funded debt and more than 1,600 opioid lawsuits. After emerging in September 2024 with $2 billion in debt eliminated, the pharmacy chain filed again in May 2025 and liquidated completely, closing all stores by October 2025.Freefall
Jan 7Whitehall Trust: $31.3M Mortgage and Receiver Dispute Drive Chapter 11Whitehall Trust and three PA senior care entities filed chapter 11 in December 2025 after a state court voided amended leases and ordered revenue turnover. The case involves $31.3M in mortgage debt and disputes over SARE status, cash collateral, and patient care oversight.Freefall
Jan 3WeightWatchers: $1.15B Debt Cut in 42-Day Prepackaged PlanWeightWatchers filed prepackaged chapter 11 in Delaware on May 6, 2025, after GLP-1 weight loss drugs undercut its subscription model. The 42-day case eliminated $1.15B of $1.6B in debt; the company emerged as a private entity on June 24, 2025.Prepackaged