California Central coverage

chapter 11 and restructuring coverage from California Central.

9 articles

Showing 1 to 9 of 9 coverage articles

Week of July 20, 2026

Court Caps CashCall Insider Financing at $300K as Judgments Top $402M

CashCall's Chapter 11 opened with a $300,000 cap on insider financing. The lender reported more than $402 million in judgments and less than $10 million in assets.

FreefallFinancial services

Week of May 4, 2026

May 5

Ittella International / Tattooed Chef: Multi-Buyer 363 Sale and Liquidating Plan

Tattooed Chef (NASDAQ: TTCF) and Ittella International filed chapter 11 in C.D. Cal. in July 2023 following accounting restatements and an SEC investigation. A multi-buyer 363 auction generated ~$13.8M and a liquidating plan was confirmed in May 2024, with GUC recoveries capped at 5%.

FreefallFood & agriculture

Week of March 16, 2026

Mar 16

Reliant Life Shares: Liquidation Through Dual Trusts

Reliant Life Shares filed chapter 11 in the Central District of California to resolve investor, receiver, and judgment-creditor disputes around a life-settlement portfolio, then confirmed a liquidation plan using separate liquidating-trust and policy-trust structures.

Financial services

Week of March 9, 2026

Mar 10

Metropolitan Theatres: Century-Old Cinema Chain Restructures Through Subchapter V

Metropolitan Theatres Corporation, a four-generation Corwin family cinema chain founded in 1923, filed Subchapter V in C.D. Cal. to restructure above-market leases. The plan confirmed March 2025 with 97.7% creditor support; the family retained equity and emerged operating 11 theatres.

Subchapter VMedia, sports & entertainment

Week of March 2, 2026

Mar 6

Oceanwide Plaza's $470M Sale Plan Draws Objections

Oceanwide Plaza LLC is pursuing a $470 million credit-bid sale through a contested liquidating plan. Confirmation remains pending after objections by the U.S. Trustee and a community-benefits coalition.

FreefallReal estate & construction

Mar 6

Caduceus: Medical Practice 363 Sale and Liquidating Trust Plan

Caduceus ch. 11 approved a medical practice 363 sale and proposed a liquidating plan with a trust to administer remaining assets and claims.

Healthcare & life sciences

Mar 6

Bridge Diagnostics: Subchapter V Plan Confirmed by Cramdown

Bridge Diagnostics Subchapter V ch. 11 confirmed a plan by cramdown under 11 U.S.C. § 1191(b).

Subchapter VHealthcare & life sciences

Mar 6

Pappas Piping Services: Bay Area Mechanical Contractor Files Amid Weak Construction Market

Pappas Piping filed chapter 11 amid weak Bay Area construction market; San Jose contractor with 27-year history.

FreefallReal estate & construction

Week of December 29, 2025

Dec 30

Howard's Appliances: 79-Year Southern California Icon Liquidates in Chapter 11

Howard's Appliances filed chapter 11 December 2025, liquidating after 79 years. S5 Equity's failed turnaround, $17.2M debt, and industry analysis.

Consumer & retail