Jul 27Magellan Aerospace Middletown Files Chapter 11 With $20M Parent FinancingMagellan Aerospace Middletown’s Chapter 11 centers on a proposed $20M parent financing facility, legacy environmental costs and a potential plan or sale process.Freefall
Jul 20Unigel: Chapter 15 Recognizes $810M Brazilian Workout, Then a Second RestructuringUnigel Participacoes S.A. filed chapter 15 in SDNY in Nov 2024 to recognize its $810M Brazilian extrajudicial restructuring. Judge Glenn entered the recognition order Dec 10, 2024. After the deal closed Jan 2025, distress returned; Unigel filed a second Brazilian reorganization in Oct 2025.Prenegotiated
Jul 18Ambipar Seeks Chapter 15 Recognition for $1.05B Notes RestructuringAmbipar seeks Chapter 15 recognition of its Brazilian judicial reorganization, with 53.8% of Green Note holders backing a restructuring of $1.05B in notes.
Jul 17Wyatt Detention Facility Operator Files Chapter 11 to Cut $101.6M Bond DebtWyatt Detention Facility's operator filed Chapter 11 with a bondholder-backed plan to eliminate $101.6M of bond debt and issue $67.5M of new bonds.Prepackaged
Jul 4Warrior Technologies: $23.7M DIP Backs Oilfield Services Chapter 11Warrior Technologies, LLC filed chapter 11 in the Southern District of Texas on May 21, 2026. The oilfield-services contractor based in Midland, Texas seeks $23.7M in DIP financing and reports liabilities of $50M–$100M against assets of $10M–$50M.Freefall
Jul 2Crown Boiler Freezes Chapter 11 Case Amid $72 Million Guaranty Fight With Burnham HoldingsCrown Boiler's chapter 11 case is frozen under a June 11 standstill that adjourned DIP, cash collateral, discovery and plan deadlines while the unsecured creditors' committee investigates a $72 million Burnham Holdings guaranty and related intercompany transactions.Freefall
Jun 28Searles Valley Minerals Files Chapter 11, Secures $40M for SaleSearles Valley Minerals filed Chapter 11 in Delaware to sell its mining, rail and water-utility assets through a court-supervised process backed by $40M in liquidity.
Jun 9Presperse Corporation: $49M Talc Trust and 524(g) Plan ConfirmedPresperse Corporation filed chapter 11 in the District of New Jersey on Sept. 9, 2024, to resolve ~275 talc personal-injury claims through a $49M 524(g) trust funded by parent Sumitomo Corporation of Americas. The prenegotiated plan confirmed July 29, 2025.Prenegotiated
Jun 6SWC Industries: $35M Sale to MSI Automate and Asbestos TrustSWC Industries filed chapter 11 in November 2024, bifurcating 13 debtors into operating and legacy groups. MSI Automate (Grays Peak Capital) acquired the SencorpWhite operations for ~$35M-$40M; the plan established a non-524(g) asbestos trust and went effective May 27, 2025.
Jun 6CTN Holdings: $20M Credit Bid Sale and Chapter 7 ConversionCTN Holdings, Inc. (f/k/a Aspiration Partners) filed chapter 11 March 30, 2025 in Delaware (No. 25-10603). Insider Inherent Aspiration served as DIP lender and credit-bid $20M for all assets. Auction cancelled; cases converted to chapter 7 Aug. 7, 2025.Freefall
Jun 1TPI Composites: Court Confirms Liquidating Plan for Vestas AssetsOn May 21, 2026, Judge Lopez confirmed the TPI Mexico V and VI liquidating plan, transferring 100% reorganized equity to Vestas free and clear, funding a $4.5M wind-down reserve and GUC trust, and approving global releases. The 20 RemainCo debtors face a July 1, 2026 combined hearing.
Jun 1Trinseo PLC: $2.72 Billion Prepackaged Debt-for-Equity PlanTrinseo PLC filed prepackaged chapter 11 in S.D. Tex. on May 26, 2026. The plan reduces $2.72 billion in funded debt through a debt-for-equity conversion, with trade creditors unimpaired. Confirmation hearing set for July 27, 2026.Prepackaged