Mar 6CalAmp: Prepack Chapter 11 Restructures $275M Debt StackCalAmp June 2024 Delaware prepack restructured a ~$275M debt stack, confirmed July 2024, and went effective July 2024.Prepackaged
Mar 6Akoustis: Litigation Shock Drives 363 Sales and a Liquidating Chapter 11 PlanAkoustis Dec 2024 Delaware ch. 11 pursued cash collateral, 363 asset sales, and a confirmed liquidation/wind-down plan.
Mar 6Airspan Networks: Fortress-Backed Prepack Equitizes Debt and Raises New EquityAirspan Networks March 2024 Delaware prepack equitized debt and implemented new equity funding; effective October 2024.Prepackaged
Mar 6Afiniti Gets U.S. Chapter 15 Recognition of Bermuda Light-Touch RestructuringAfiniti November 2024 Delaware ch. 15 filed to recognize a Bermuda “light-touch” provisional liquidation restructuring.Chapter 15
Mar 6Ambri: Battery Startup Sells Assets in 363 Process and Confirms Liquidating PlanAmbri May 2024 Delaware ch. 11 ran a DIP-funded 363 sale and confirmed a liquidating plan with opt-in GUC pool.
Mar 6Appgate: Prepack Restructuring Equitizes Debt and Resets Capital StructureAppgate May 2024 Delaware prepack equitized funded debt and went effective July 2024 after fast confirmation.Prepackaged
Mar 6Everstream: $384M Auction Win for Midwest Fiber NetworkEverstream ch. 11 with $1B debt, 21.4x leverage. Bluebird Fiber won auction at $384.6M.
Mar 6Edgio: 23 Years of CDN History Ends in Piecemeal LiquidationEdgio ch. 11 September 2024. Akamai acquired for $125M, Lynrock Lake $51M. 23 years of CDN history ended.
Mar 6Ligado Networks: $8.6B Debt-to-Equity Conversion After Decade-Long Spectrum BattleLigado converted $8.6B debt to equity in a 9-month chapter 11; AST SpaceMobile spectrum deal and $39B lawsuit drive value.Prenegotiated
Mar 6iRobot Corporation: Prepackaged Plan Transfers Ownership to PiceaiRobot Corporation, the Roomba maker, filed a prepackaged chapter 11 in Delaware on December 14, 2025. The plan transferred 100% ownership to Chinese manufacturer Shenzhen Picea Robotics via debt-for-equity conversion. Confirmed January 22 and effective January 23, 2026; existing equity cancelled.Prepackaged
Mar 6Mondee Holdings: $191M Credit Bid Sale in 80 DaysMondee Holdings, the largest air ticket consolidator in North America, filed chapter 11 in Delaware with a pre-negotiated $191M stalking horse credit bid. The 80-day sale transferred assets to founder Prasad Gundumogula (75% stake). The case was dismissed after post-sale tax complications.Prenegotiated
Mar 6Marin Software: 66-Day Chapter 11 RestructuringMarin Software, a publicly traded SaaS ad-tech company, filed pre-negotiated chapter 11 in Delaware on July 1, 2025. ESW Capital affiliate Kaxxa Holdings provided $5.5 million in plan consideration. The company emerged in 66 days with full creditor recovery and equity distributions.Prenegotiated