Mar 6Ambipar Emergency Response: When Parent Company Scandals Topple Healthy SubsidiariesAmbipar Emergency Response filed chapter 11 despite $600M net worth after parent's derivatives scandal. Analysis of $328M guarantee exposure.Freefall
Mar 6Aleon Metals Confirms Liquidating Plan After $187.5M Bondholder SaleAleon Metals confirmed a liquidating plan after bondholders acquired its Freeport critical-minerals facility through a $187.5M credit bid.
Mar 6Norcold: $344M Debt and Fire Recall Drive 363 Salech. 11 filing: $344M debt, 10,500+ fire claims, 82% revenue collapse. RV fridge maker liquidates amid tech shift.
Mar 6Ample: $330M Battery Swapping Unicorn's Chapter 11 CollapseAmple filed chapter 11 Dec 2025 after raising $330M+ from Shell, Blackstone, Mitsubishi. Battery swapping startup pursuing 363 sale. Full case analysis.
Mar 6Car Toys: 38-Year Retailer's $14M Going-Concern SaleCar Toys, the largest independent car audio retailer in America, filed chapter 11 in W.D. Washington after revenue declined from $127M to $60M. Five buyers acquired 35 stores for ~$14M. Insider conflicts over founder Brettler's $20M+ secured claim resolved via December 2025 settlement.
Mar 6Mosaic Companies: Baupost-Backed Luxury Tile Empire Crumbles in 129-Day LiquidationMosaic Companies filed chapter 11 with $65M debt. Artivo acquired Walker Zanger for $17.5M in 129-day liquidation. 150+ silica lawsuits stayed.
Mar 6Lion Ribbon: $1 Acquisition Precedes 76-Day Chapter 11 SaleLion Ribbon IG Design Group Americas ch. 11. $1 Hilco acquisition, $53M DIP, six sale orders in 167-day case.
Mar 6Groff Tractor Mid Atlantic: 67-Year CASE Dealer Pursues Going-Concern SaleGroff Tractor Mid Atlantic CASE dealer filed ch. 11 October 14, 2025, launching expedited 363 sale with December 15 auction.
Mar 6Alachua Government Services Files Chapter 11 After Resilience Closes Six Plants; Strive Acquires FacilityAlachua Government Services: DOD biologics CDMO chapter 11 after National Resilience closed 6 plants; Strive acquired the facility.
Mar 6Klöckner Pentaplast: €1.3B Debt-for-Equity Prepackaged Plan Confirms in 42 DaysKlöckner Pentaplast eliminated €1.3B debt through prepackaged chapter 11 confirmed in 42 days. First lien creditors took 100% equity from SVP.Prepackaged
Mar 6Luminar Technologies: Dual-Track 363 Sale and Liquidation PlanLuminar Technologies filed chapter 11 in SDTX on Dec. 15, 2025 with $189.5M assets and $508.2M debts. The case runs a dual-track 363 sale of the LSI photonics subsidiary ($110M) and LiDAR assets ($22M), both to Quantum Computing Inc., under a plan of liquidation.
Feb 3Vobev: $150M Credit Bid Sale and Liquidating PlanVobev, 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.