Delaware coverage

chapter 11 and restructuring coverage from Delaware.

189 articles

Showing 157 to 168 of 189 coverage articles

Week of March 2, 2026

Alachua Government Services Files Chapter 11 After Resilience Closes Six Plants; Strive Acquires Facility

Alachua Government Services: DOD biologics CDMO chapter 11 after National Resilience closed 6 plants; Strive acquired the facility.

Healthcare & life sciences

Mar 6

Flipcause: Nonprofit Fundraising Platform Collapses After Stripe Freezes $2.2 Million

Flipcause filed chapter 11 after Stripe froze $2.2M in nonprofit funds. CA AG cease-and-desist, 29-organization fraud suit, and trustee appointed; 363 sale.

Chapter 7Technology & telecom

Mar 6

FlexShopper: Executive Fraud Collapses Fintech Pioneer in Five-Month Downfall

FlexShopper, a Boca Raton lease-to-own fintech (FPAY), filed chapter 11 in Delaware after its CEO/CFO forged loan documents causing $140M+ in overborrowing under the securitization program. ReadySett LLC (Snap Finance affiliate) is the stalking horse bidder at ~$15.5M in a 363 sale. Case 25-12254.

Financial services

Mar 6

House Spirits Distillery: Subchapter V Chapter 11 and $2.7M 363 Sale

House Spirits Distillery, maker of Westward Whiskey, filed Subchapter V in Delaware after Diageo declined funding and a restrictive operating agreement blocked alternatives. Aqua Ardens acquired all assets for $2.7M via 363 sale, restoring independent ownership.

Subchapter VFood & agriculture

Mar 6

Hudson Hotel Files Chapter 11 After Parkview's $80M Foreclosure to Save 440-Unit Conversion

Parkview foreclosed on CSC Real Estate's Hudson Hotel equity in July 2025, then filed chapter 11 in Delaware on October 22, 2025 to save the 440-unit Manhattan conversion. The case faces a bad-faith dismissal motion and three-way opposition to a $32.76M DIP facility.

FreefallReal estate & construction

Mar 6

Nicklaus Companies: $50M Verdict Triggers Fight for Golf Legend's Brand

Jack Nicklaus won $50M defamation verdict against Nicklaus Companies. Chapter 11 filing reveals $493M debt, disputed liens, and auction set for February 2026.

Media, sports & entertainment

Mar 6

Clearside Biomedical: Equity Holders Challenge $2.7M Stalking Horse in Debt-Free Bankruptcy

Clearside Biomedical's 363 sale faces equity holder challenge. No funded debt means shareholders may recover value from $2.7M stalking horse.

Healthcare & life sciences

Mar 5

Tilson Technology Files Chapter 11 After Gigapower Cancels $600M in Contracts; Assets Sold to ITG for $22M

Tilson Technology filed chapter 11 after Gigapower terminated $600M contracts. ITG acquired assets for $22M in 111 days. Gigapower claims sold to Winston I.

Technology & telecom

Week of February 2, 2026

Feb 5

True Value: $153M Sale to Do it Best and Wind-Down Plan

True Value Company, a Chicago-based hardware wholesaler, filed chapter 11 in Delaware on Oct. 14, 2024. The company sold its wholesale platform to Do it Best Corp. for $153 million. The liquidating plan was confirmed April 17, 2025, and went effective April 25, 2025.

Consumer & retail

Feb 5

Smallhold Bankruptcy: Subchapter V Cramdown and Opt-Out Release Ruling

Smallhold filed Subchapter V in February 2024 in Delaware. The court confirmed a cramdown plan over creditor rejection, assigning $8.6 million in unsecured claims to a $155,000 sponsor-guaranteed pool. Judge Goldblatt's opt-out release opinion became a post-Purdue Pharma reference point.

FreefallFood & agriculture

Feb 5

Gamida Cell: Delaware Enforces Israeli Debt Arrangement on $75M Highbridge Swap

Gamida Cell Ltd. filed chapter 15 in Delaware on April 22, 2024, to enforce an Israeli Part 10 debt arrangement converting $75M of Highbridge senior notes into 100% of equity. The Delaware court recognized the Israeli proceeding and enforced the arrangement on May 15, 2024. Case closed May 24, 2024.

PrepackagedHealthcare & life sciences

Week of January 26, 2026

Jan 27

Silvergate Capital: Crypto Bank Parent Liquidates After $8B Deposit Run

Silvergate Capital (Del., case 24-12158) filed chapter 11 Sept 2024 after an $8B deposit run triggered by the 2022 crypto collapse and FTX failure. The bank surrendered its charter July 2024; a confirmed plan established a liquidation trust for preferred stockholders and future FTX-related claims.

Financial services

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