Delaware coverage

chapter 11 and restructuring coverage from Delaware.

189 articles

Showing 169 to 180 of 189 coverage articles

Week of January 26, 2026

ProSomnus: $27M Secured Debt Cut in 90-Day Plan

ProSomnus, Inc. filed chapter 11 in May 2024 after its 2022 de-SPAC listing left it overleveraged. A $13M DIP facility and prenegotiated plan confirmed in 90 days cut secured debt by ~65%, converting notes to equity while paying all trade creditors in full.

PrenegotiatedHealthcare & life sciences

Jan 26

Tonopah Solar Energy: $7M Sale and CMB Trustee Fight

Tonopah Solar Energy filed chapter 11 in Delaware on January 21, 2026, its second filing in five years. The Crescent Dunes 110 MW plant sold for $7M to Sons of Liberty Construction with no competing bids. CMB's $270M claims and trustee motion remain contested ahead of July 7 confirmation.

PrenegotiatedEnergy & natural resources

Week of January 12, 2026

Jan 17

Terraform Labs: $4.47B SEC Settlement Shapes Liquidating Plan

Terraform Labs filed chapter 11 in Delaware on January 21, 2024, after the $40B TerraUSD collapse. A $4.47B SEC settlement anchors the liquidating plan; the Wind Down Trust is reconciling 16,640 crypto loss claims and pursuing a $4B lawsuit against Jump Trading.

FreefallFinancial services

Jan 17

CarePoint Health: $67M DIP and Confirmed Plan Transfers NJ Hospitals

CarePoint Health filed chapter 11 Nov. 2024 in Delaware (case 24-12534) with $67M in DIP financing for its three Hudson County hospitals. A confirmed plan (Apr. 17, 2025) transferred the hospitals to Hudson Regional Health effective May 2025, with a Litigation Trust projecting 1%-2% GUC recovery.

FreefallHealthcare & life sciences

Jan 15

Tupperware: Lender-Driven 363 Sale and Confirmed Liquidation Trust Plan

Tupperware Sept 2024 Delaware ch. 11 ran a lender-driven 363 sale and confirmed a liquidation trust plan in 2025.

Consumer & retail

Week of December 29, 2025

Jan 3

WeightWatchers: $1.15B Debt Cut in 42-Day Prepackaged Plan

WeightWatchers filed prepackaged chapter 11 in Delaware on May 6, 2025, after GLP-1 weight loss drugs undercut its subscription model. The 42-day case eliminated $1.15B of $1.6B in debt; the company emerged as a private entity on June 24, 2025.

PrepackagedConsumer & retail

Jan 3

White Forest Resources: $21M Partial Sale Leads to Chapter 7

White Forest Resources filed chapter 11 in Delaware on Feb. 7, 2025, carrying ~$79M of debt. The Raven Crest thermal coal mine sold to Eagle Horizon for ~$21M; when the South Fork mine sale collapsed, the debtors converted to chapter 7 on Aug. 25, 2025—roughly 200 days after filing.

Chapter 7Energy & natural resources

Jan 3

Viridos Sells Algae Assets to Breakthrough Energy Ventures for $5.95M

Viridos’s algae-biofuel assets sold to Breakthrough Energy Ventures II for a $5.95M credit bid after its Delaware chapter 11 filing. The case was dismissed in November 2025.

Subchapter VHealthcare & life sciences

Jan 2

Wynne Transportation Holdings: $32.8M Judgment Ends 46-Day Chapter 11

Wynne Transportation's 46-day chapter 11 bankruptcy: $32.8M GETZ judgment, Operation Lone Star contracts, and rapid conversion to chapter 7 liquidation.

FreefallEnergy & natural resources

Jan 2

VWS Holdco Converts to Chapter 7 After $183M Insider Debt and Failed Landfill Sale

VWS Holdco and Shoosmith Bros. filed chapter 11 in Delaware on June 1, 2025, carrying roughly $183 million in insider-held note debt from a closed Virginia municipal solid waste landfill. The case converted to chapter 7 after 60 days when a proposed $5.4 million DIP and sale process both failed.

FreefallIndustrials & manufacturing

Jan 2

Perceptive Takes Synthego’s CRISPR Assets in $85M Credit Bid

Perceptive acquired Synthego’s CRISPR assets in an $85M credit bid. The confirmed liquidating plan estimated a 4.4% recovery for general unsecured creditors.

Healthcare & life sciences

Jan 2

Solid Financial Technologies Liquidates After No Buyers Emerge for $330M BaaS Platform

Solid Financial Technologies, a VC-backed BaaS startup that peaked at a $330M valuation, filed chapter 11 in April 2025 and confirmed a Subchapter V liquidation plan in November 2025. No buyers emerged from the sale process. GUCs face 34.7%–100% recovery; preferred equity may recover up to 72%.

Subchapter VFinancial services