New Jersey coverage

chapter 11 and restructuring coverage from New Jersey.

33 articles

Showing 13 to 24 of 33 coverage articles

Week of March 30, 2026

Francesca's Files Second Chapter 11 to Liquidate All 400 Stores

Houston-based specialty retailer Francesca's Acquisition, LLC filed chapter 11 for the second time on Feb. 5, 2026 in the District of New Jersey. All ~400 remaining boutiques are closing via going-out-of-business sales. Prepetition secured debt totals ~$30.1M; no DIP financing.

FreefallConsumer & retail

Mar 30

Pretium Packaging: 26-Day Prepack Eliminates $900M in Funded Debt

Pretium Packaging, a Clearlake Capital-backed rigid plastic packaging manufacturer, filed a prepackaged chapter 11 in New Jersey on January 28, 2026. The plan confirmed in 26 days, reducing $1.836 billion in funded debt by more than $900 million while leaving general unsecured creditors unimpaired.

PrepackagedIndustrials & manufacturing

Week of March 16, 2026

Mar 20

Baker & Taylor Files Chapter 11 to Wind Down After ReaderLink Deal Collapses

Baker & Taylor filed chapter 11 in New Jersey on March 16, 2026 after CIT tightened liquidity, a failed ReaderLink sale, and a yearlong wind-down left mostly lease and unsecured claims for the court to manage.

FreefallMedia, sports & entertainment

Mar 19

Invitae: NVTA Stock and $239M Labcorp Sale

Invitae filed chapter 11 in New Jersey with $1B+ liabilities, then sold its genetic testing business to Labcorp for $239M after a court-supervised auction.

Healthcare & life sciences

Mar 16

Brookfield Buys Cyxtera Data Centers for $775M

Brookfield bought Cyxtera Technologies' data centers for $775 million after the company filed chapter 11 in New Jersey. The plan took effect Jan. 12, 2024.

PrenegotiatedTechnology & telecom

Mar 16

WeWork: Debt-Free Emergence After Lease Reset

WeWork filed chapter 11 in New Jersey on November 6, 2023, used the case to equitize secured debt and rationalize leases, and emerged debt-free on June 11, 2024.

PrenegotiatedReal estate & construction

Week of March 9, 2026

Mar 9

United Site Services Cuts $2.4 Billion in Debt, Lenders Take Control

United Site Services' chapter 11 plan went effective on March 3, 2026 after confirmation in New Jersey. Existing equity was wiped out as the portable sanitation provider cut about $2.4 billion of debt and shifted ownership through a lender-backed equity raise and exit financing package.

PrepackagedConsumer & retail

Week of March 2, 2026

Mar 6

Multi-Color: Prepackaged Plan Targets $3.9B Debt Reduction

Multi-Color filed chapter 11 in New Jersey with a prepackaged plan backed by CD&R. Venue, DIP, sale-process, and Barclays lien fights now shape the March 31 confirmation hearing.

PrepackagedIndustrials & manufacturing

Mar 6

Eddie Bauer: Plan Effective Date Starts Store Wind-Down

Eddie Bauer's confirmed chapter 11 plan became effective in May 2026, shifting the failed store sale process into a plan-administrator wind-down.

Consumer & retail

Mar 6

Nostrum Laboratories Liquidates ANDA Portfolio and Assets After $68M in Debt

Nostrum Labs filed chapter 11 in D.N.J. on Sept. 30, 2024, used a $235k payroll DIP, and ran an ANDA auction on April 1, 2025.

FreefallHealthcare & life sciences

Mar 6

CCA Construction: $1.6B Baha Mar Judgment Drives Chapter 11

CCA Construction’s NJ chapter 11: $1.6B Baha Mar judgment, $40M insider DIP (CSCEC Holding), examiner oversight, settlement, and plan schedule.

FreefallReal estate & construction

Mar 6

Careismatic Brands: $782M Debt Eliminated in Lender Recapitalization

Careismatic Brands filed chapter 11 in the District of New Jersey in January 2024 with $125M in lender-supported financing. The confirmed plan eliminated $782M in secured debt via a debt-to-equity recapitalization. Nexus Capital Management became the new owner in June 2024.

PrenegotiatedConsumer & retail