Delaware coverage

chapter 11 and restructuring coverage from Delaware.

189 articles

Showing 61 to 72 of 189 coverage articles

Week of March 16, 2026

View Files Chapter 11 With Prepackaged Plan to Take Smart-Glass Maker Private

View’s Delaware prepack chapter 11 equitized lender claims, provided exit funding, and canceled existing equity in a fast go-private restructuring.

PrepackagedReal estate & construction

Mar 19

Lugano Diamonds: Latest Bankruptcy Status After Sale

Lugano Diamonds filed chapter 11 after fraud allegations tied to founder Moti Ferder. The sale process is over, but the bankruptcy remains active with January cash burn, an April 30 challenge deadline tied to CODI's liens, a June 1 plan milestone, and continuing lease disputes.

Consumer & retail

Mar 19

American Signature: No Competing Bids as Schottenstein Insider Takes Furniture Chain

American Signature filed chapter 11 in Delaware after sales fell to million and losses widened. The case moved from a proposed stalking-horse sale to a completed insider deal, lease monetization, and a claims process that now frames recoveries for customers and other unsecured creditors.

Consumer & retail

Mar 19

Claire's: $140M Sale, Liquidating Plan

Claire's second bankruptcy ended with a $140 million sale of its North American business and confirmation of a liquidating plan for the remaining Delaware estates.

FreefallConsumer & retail

Mar 19

Wag!: 66-Day Prepack Chapter 11 Transfers Ownership

Wag\! Group Co. filed prepackaged chapter 11 in Delaware in July 2025 after SoftBank's $300M investment, a failed SPAC, and $69.5M in cumulative losses. Retriever LLC converted $16.3M in secured debt to 100% equity; the plan confirmed in 66 days with general unsecured creditors paid in full.

PrepackagedConsumer & retail

Mar 19

Azzur Group: Pandemic Cleanroom Bet Ends in $72M Liquidation

Life sciences consulting and cleanroom provider Azzur Group filed chapter 11 in Delaware after its Baird Capital-backed cleanroom expansion failed post-pandemic. Three 363 sales totaled $72.6M; the confirmed liquidating plan returned ~2.1% to unsecured creditors.

Healthcare & life sciences

Mar 19

Forever 21: From $11,000 and a Single Store to Chapter 22 Liquidation

Forever 21 filed chapter 11 in 2019 and sold for $81M; the buyer F21 OpCo filed again in 2025. Full case analysis and timeline.

FreefallConsumer & retail

Mar 19

Hardinge Inc.: Precision Machine Tool Maker's $100M Credit Bid Sale and Liquidation

Hardinge Inc., a precision machine tool manufacturer with 130+ years of history, filed chapter 11 in Delaware after Chinese regulators blocked a critical asset sale. Centre Lane Partners purchased the secured debt, provided DIP financing, and credit bid $100M to acquire substantially all assets.

Industrials & manufacturing

Mar 19

QLess: Subchapter V Restructuring Resolves Shareholder Litigation

QLess, a Pasadena-based SaaS queue management company, filed Subchapter V in Delaware in June 2024 amid $1M in shareholder litigation costs. Plan confirmed under §1191(b) cramdown in 90 days; $3.3M DIP converted to equity. Case closed by final decree March 2025.

Subchapter VTechnology & telecom

Mar 16

RadioShack: Store Sales, Liquidating Trust, and Creditor Recoveries

RadioShack's 2015 chapter 11 combined a going-concern sale to a Standard General affiliate with large-scale store closings, a later lender settlement, and creditor distributions through a liquidating trust.

Chapter 7Consumer & retail

Mar 16

Francesca's Holdings Corporation: 363 Sale and Liquidating Plan

Francesca's chapter 11 case in Delaware moved quickly from a pandemic-driven filing to a section 363 sale and a liquidating plan, with unsecured creditor recoveries later exceeding the range projected at confirmation.

FreefallConsumer & retail

Mar 16

Medley LLC: Liquidating Trust and SEC Fallout

Medley LLC filed chapter 11 in Delaware in March 2021 after note-payment defaults and confirmed a liquidating trust plan in October 2021. The case remains notable for the long-running wind-down, SEC enforcement against Brook and Seth Taube, and ongoing trust litigation.

Financial services

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