Georgia Northern coverage

chapter 11 and restructuring coverage from Georgia Northern.

6 articles

Showing 1 to 6 of 6 coverage articles

Week of April 13, 2026

Neighborhood Restaurant Partners: 53-Unit Applebee's Franchisee Files Chapter 11 with Dine Brands Stalking Horse

Neighborhood Restaurant Partners, a 53-unit Applebee's franchisee, filed chapter 11 in N.D. Georgia with Dine Brands as expected stalking-horse bidder.

Travel, leisure & hospitality

Week of March 16, 2026

Mar 16

LaVie Care Centers: From 140 Facilities to Emergence

LaVie Care Centers filed chapter 11 in the Northern District of Georgia after shrinking from roughly 140 facilities to 43 and carrying legacy liabilities from divested operations. The post covers the contested DIP fight, failed sale process, IRS settlement, and June 2025 emergence under Avardis.

Freefall

Healthcare & life sciences

Mar 16

On The Border: Sale Case Ended in Liquidating Plan

On The Border filed chapter 11 in Georgia on March 4, 2025, used DIP financing to run a lender-backed sale process, closed a substantially all-assets sale on May 30, and confirmed a liquidating plan in September with 5% to 10% projected recoveries for general unsecured creditors.

Food & agriculture

Week of March 2, 2026

Mar 6

Air Pros USA: PE-Backed HVAC Giant's $250M Collapse and Six-Way Breakup

Air Pros USA chapter 11: PE-backed HVAC platform's $250M debt collapse, six-unit breakup sale, and founder buyback of Florida operations.

Consumer & retail

Mar 6

Georgia ProtonCare Center Inc.: Emory Leads $110M Sale

Georgia ProtonCare Center filed chapter 11 in N.D. Georgia to sell its Midtown Atlanta proton therapy center, led by Emory’s $110 million stalking horse bid.

FreefallHealthcare & life sciences

Week of December 29, 2025

Jan 1

Wellmade Floor Coverings' $58.5M Sale to AHF Funds Full-Recovery Liquidating Plan

Wellmade Floor Coverings filed chapter 11 in August 2025 after a federal labor-trafficking raid at its Georgia plant. AHF Products bought the flooring facility for $58.5M — $18.5M above its stalking-horse bid — funding a liquidating plan that pays all five creditor classes in full.

Industrials & manufacturing