Delaware coverage

chapter 11 and restructuring coverage from Delaware.

189 articles

Showing 181 to 189 of 189 coverage articles

Week of December 29, 2025

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

Royal Paper filed chapter 11 in Delaware April 2025 with $205M secured debt after a warehouse fire and trade credit collapse. Sofidel's $126M stalking horse attracted competitive bidding; the auction drove the price to $180M+. The 363 sale closed June 16, 2025—69 days after filing.

Industrials & manufacturing

Jan 2

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

Gardener's Supply filed chapter 11 June 20, 2025, after ESOP buyback obligations, a 35% revenue decline to $71.5M, and technology failures. Gardens Alive acquired the assets for $9M; five of six stores remain open. ESOP holders received no distribution under the confirmed liquidating plan.

Consumer & retail

Jan 1

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

Jan 1

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

IMG Holdings filed ch. 11 with $64M debt. Tabu, Love's Baby Soft, English Leather brands sold in 78-day 363 sale.

Consumer & retail

Jan 1

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

Yellow Corporation, America's third-largest LTL carrier, filed chapter 11 in August 2023 after a Teamsters strike notice triggered customer departures that shut down the 99-year-old company in days. The $700M CARES Act loan, $2.4B terminal auctions, and $7.4B pension litigation defined the case.

Chapter 7Transportation & logistics

Dec 30

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

US Magnesium, the only domestic magnesium producer, filed Chapter 11 in Delaware on September 10, 2025 for an insider-led Section 363 sale. Utah's state land agency instead outbid Renco affiliate LiMag, buying the Rowley plant for $30M. A creditor liquidating plan was crammed down June 2026.

Energy & natural resources

Week of October 27, 2025

Oct 30

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

Meyer Burger, the only U.S. producer of heterojunction (HJT) solar technology, filed chapter 11 in Delaware after losing its largest customer and shutting down its Arizona factory. Assets sold to Waaree Solar Americas for $18.5M and DESRI for $10.18M, completing in under 90 days.

Industrials & manufacturing

Oct 30

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

Zen JV, the holding company for CareerBuilder and Monster, filed chapter 11 in Delaware on June 24, 2025. Twelve qualified bidders pushed auction proceeds to $68.7M from a $35.5M stalking horse. BOLD Holdings acquired both brands. Plan effective October 14, 2025; secured recovery under 10%.

Technology & telecom

Week of March 3, 2025

Mar 6

Vyera Pharmaceuticals: Daraprim Legacy Ends in Liquidation

Vyera Pharmaceuticals, the company behind the infamous Daraprim price hike by Martin Shkreli, filed Subchapter V bankruptcy in Delaware in May 2023. The confirmed plan created a dual-track liquidating trust structure with creditor recoveries contingent on an orphan drug Priority Review Voucher.

Subchapter VHealthcare & life sciences