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.