Delaware coverage

iRobot Corporation: Prepackaged Plan Transfers Ownership to Picea

iRobot 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.

PrepackagedConsumer & retail

Week of March 2, 2026

Avant Gardner Files Chapter 11 After NYC Revokes Brooklyn Mirage Permits; Axar Takes Over for $110M

Norcold: $344M Debt and Fire Recall Drive 363 Sale

Ligado Networks: $8.6B Debt-to-Equity Conversion After Decade-Long Spectrum Battle

Apple Tree Files Chapter 11 to Halt $6.5B Fund Fight With Rybolovlev

iRobot Corporation: Prepackaged Plan Transfers Ownership to Picea

Mondee Holdings: $191M Credit Bid Sale in 80 Days

Omega Therapeutics: $14M Chapter 11 Sale After $532M Deal

Marin Software: 66-Day Chapter 11 Restructuring

Creativemass: Fintech's 60-Day Subchapter V Liquidation

Lunya: DTC Sleepwear Brand's Subchapter V Success

Mosaic Companies: Baupost-Backed Luxury Tile Empire Crumbles in 129-Day Liquidation

Fluid Truck Sells Assets to Kingbee for $10M, Converts to Chapter 7