Florida Southern coverage

chapter 11 and restructuring coverage from Florida Southern.

6 articles

Showing 1 to 6 of 6 coverage articles

Week of July 6, 2026

MBMG's $45M Humana Sale Leaves $479M Debt Stack Under Water

MBMG Holding's Clinical Care Medical Centers sold to Humana affiliate Conviva for $45 million, leaving a $479 million funded-debt stack facing a liquidating plan and limited creditor recoveries.

Healthcare & life sciences

Week of May 18, 2026

May 22

Silver Airways Shuts Down, Converts to Chapter 7

Silver Airways shut down after a $5.775M lender-backed sale drew no overbid, then converted to Chapter 7 on July 28, 2025.

Chapter 7Travel, leisure & hospitality

Week of March 30, 2026

Mar 31

Sailormen's $130M Debt Drives June Sale of Popeyes Portfolio

Sailormen's chapter 11 case centers on a June 2026 sale process for its Popeyes portfolio after BMO lenders asserted $129.98M in secured debt. The court-approved timetable calls for bids by June 11, an auction June 15 and closing by June 30.

FreefallFood & agriculture

Week of March 23, 2026

Mar 23

IPIC Theaters: Subchapter V Liquidation of Premium Theater Chain

IPIC Theaters filed subchapter V chapter 11 in S.D. Fla. on February 25, 2026, to liquidate its 13 leased theater locations. The company reported $112.5M in 2025 gross income and a $19.4M net loss, with ~$113.9M in total liabilities dominated by lease obligations and near-zero funded secured debt.

Subchapter VMedia, sports & entertainment

Week of March 16, 2026

Mar 16

Bird Global: SPAC Scooter Operator Ends in Liquidating Plan

Bird Global filed chapter 11 in Miami after ride volumes and revenue fell, completed a lender-backed 363 sale, and exited through a liquidating plan effective September 17, 2024.

PrenegotiatedTechnology & telecom

Week of March 2, 2026

Mar 6

CMX Cinemas Confirms Subchapter V Plan, Beats Landlord's $3.4M Debt-Cap Challenge

CMX Cinemas filed a second chapter 11 in July 2025 under Subchapter V, reorganizing despite a landlord's claim its debt topped the $3.4M small-business cap. The court denied the objection and confirmed a plan keeping 28 theaters open under Cinemex ownership with ~100% unsecured recovery.

Subchapter VMedia, sports & entertainment