Mar 10The Stephan Company Bankruptcy: $50-100M Talc Trust CaseThe Stephan Company filed chapter 11 after reporting 700+ talc lawsuits, with $50-100M liabilities and a proposed Section 524(g) trust.Freefall
Mar 10Wheel Pros: $1.2B Debt Cut and 4 Wheel Parts SaleWheel Pros / Hoonigan filed prepackaged chapter 11, cut about $1.2 billion of debt, sold 4 Wheel Parts, and emerged under lender ownership.Prepackaged
Mar 8Hopeman Brothers: 524(g) Trust Funded by InsurersHopeman Brothers filed chapter 11 as a no-operations asbestos debtor, pursued insurer settlements including a $31.5 million Chubb buyback, and sought to channel asbestos claims into a 524(g) trust while district-court review remained pending in 2026.Freefall
Mar 6Multi-Color: Prepackaged Plan Targets $3.9B Debt ReductionMulti-Color filed chapter 11 in New Jersey with a prepackaged plan backed by CD&R. Venue, DIP, sale-process, and Barclays lien fights now shape the March 31 confirmation hearing.Prepackaged
Mar 6Vanderbilt Minerals Pursues $50M Asset Sale to Resolve 1,400 Talc ClaimsVanderbilt Minerals, a profitable industrial minerals operator, filed chapter 11 in N.D.N.Y. after talc-litigation costs exceeded $117M. Case features a $50M stalking-horse sale, $15M DIP facility, and global settlement with parent R.T. Vanderbilt Holding.Freefall
Mar 6Northvolt Files Cross-Border Chapter 11 With $100M Scania Financing, Later Files in SwedenNorthvolt filed chapter 11 in SDTX on Nov. 21, 2024 with a $100M Scania DIP; affiliate cases were dismissed in April 2025 after asset sale milestones.Freefall
Mar 6KidKraft: MidOcean-Backed Toy Maker Sold to Backyard Products in PrepackKidKraft filed prepackaged chapter 11 May 2024; sold to Backyard Products. Plan confirmed in 45 days. Canadian affiliates filed separate CCAA.Prepackaged
Mar 6Crucible Industries Sells CPM Steel Business to Erasteel for $11–12MCrucible Industries sold its CPM steel business to Erasteel for an expected $11–12 million, then converted to chapter 7.Chapter 7
Mar 6Fulcrum BioEnergy: $456M Debt and Nevada Biorefinery SaleFulcrum BioEnergy filed chapter 11 in Delaware on Sept. 9, 2024 with over $456M in obligations. Switch provided a $5M DIP and bought the Nevada biorefinery.
Mar 6Enviva: $500M DIP and $250M+ Rights Offering PlanEnviva’s chapter 11 paired a $500M no-rollup DIP with a $250M+ rights offering and a $1.05B exit facility; effective Dec. 6, 2024.Prenegotiated
Mar 6American Tire Distributors: Mega DIP, 363 Sale, and Confirmed Wind-Down PlanAmerican Tire Distributors Delaware ch. 11 ran a DIP and 363 sale, then confirmed a wind-down plan for remaining claims.Chapter 15
Mar 6Accuride: Crestview-Backed Wheel Maker Equitizes Debt in Chapter 11Accuride Oct 2024 Delaware ch. 11 equitized funded debt and went effective March 2025 after a parallel CCAA process.Prenegotiated