Delaware coverage

Valves and Controls US' 524(g) Asbestos Trust Nears Confirmation as Weir Talks Fail

Valves and Controls US, a no-employee Weir entity holding decades of asbestos liability, heads to a July 24, 2026 confirmation of a liquidating chapter 11 plan creating a 524(g) trust. Mediation with Weir and First Reserve produced no settlement, so estate claims against them vest in the trust.

PrenegotiatedIndustrials & manufacturing

Week of December 29, 2025

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

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

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

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

Royal Interco: $180M Sale Rescues Private-Label Tissue Maker in 69 Days

Gardener's Supply Bankruptcy: $9M Sale Ends 38-Year Employee Ownership

Valves and Controls US' 524(g) Asbestos Trust Nears Confirmation as Weir Talks Fail

IMG Holdings: 93-Year-Old Fragrance Empire's 78-Day Chapter 11 Sprint

Yellow Corporation: 99-Year LTL Giant's $2.4B Liquidation

US Magnesium's Only Domestic Plant Sold to Utah Agency for $30M Over Insider Bid

Week of October 27, 2025

Meyer Burger: Swiss Solar Pioneer's $29M U.S. Liquidation

Zen JV: CareerBuilder and Monster's 113-Day Liquidation