Delaware coverage

chapter 11 and restructuring coverage from Delaware.

189 articles

Showing 145 to 156 of 189 coverage articles

Week of March 2, 2026

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

Mar 6

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

Mondee 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.

PrenegotiatedTechnology & telecom

Mar 6

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

Clinical-stage biotech Omega Therapeutics filed chapter 11 in Delaware Feb 2025 after Banc of California swept $14.7M from accounts. Flagship Pioneering affiliate acquired all assets via $14M credit bid in 74 days. Plan of liquidation confirmed July 2025.

Healthcare & life sciences

Mar 6

Marin Software: 66-Day Chapter 11 Restructuring

Marin 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.

PrenegotiatedTechnology & telecom

Mar 6

Creativemass: Fintech's 60-Day Subchapter V Liquidation

Creativemass Holdings, the fintech venture behind the Salesforce-based WealthConnect wealth management platform, filed a prepackaged Subchapter V chapter 11 liquidation in Delaware after a failed $70M Goldman Sachs capital raise. Unsecured creditors received 100% recovery; equity holders ~45%.

PrepackagedFinancial services

Mar 6

Lunya: DTC Sleepwear Brand's Subchapter V Success

Lunya, a DTC luxury sleepwear brand, filed Subchapter V chapter 11 in Delaware after iOS 14 disrupted its Facebook marketing, revenue fell 30% from $50M+, and 66 weeks of excess inventory tied up capital. Plan confirmed via cramdown; case closed within 12 months.

Subchapter VConsumer & retail

Mar 6

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

Mosaic Companies filed chapter 11 with $65M debt. Artivo acquired Walker Zanger for $17.5M in 129-day liquidation. 150+ silica lawsuits stayed.

Consumer & retail

Mar 6

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

Fluid Truck sold its assets to Kingbee Rentals for about $10M in December 2024 after filing chapter 11 in Delaware. The case converted to chapter 7 in September 2025.

FreefallConsumer & retail

Mar 6

Big Lots Converts to Chapter 7 After $707.5M Sale Financing

Big Lots entered chapter 11 with $707.5M in financing for a sale process, sold substantially all assets to Gordon Brothers, and converted to chapter 7.

Chapter 7Consumer & retail

Mar 6

The Dolphin Company: Armed Standoffs, $10K Daily Sanctions, and Miami Seaquarium's End

The Dolphin Company ch. 11 amid animal welfare scandals, armed standoffs, $10K daily CEO sanctions.

FreefallMedia, sports & entertainment

Mar 6

Indaba Buys Accelerate Diagnostics Assets in $42M Credit-Bid Sale

Indaba acquired Accelerate Diagnostics assets through a $41.95M credit bid; a Delaware court confirmed a liquidating plan five days later.

Healthcare & life sciences

Mar 6

Molecular Templates: From $1.3B Biobucks to Chapter 11 in 73 Days

Molecular Templates filed ch. 11 April 2025 after $1.3B BMS biobucks failed. K2 Health takes 100% equity in 73-day case.

PrenegotiatedHealthcare & life sciences

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