New York Southern coverage

chapter 11 and restructuring coverage from New York Southern.

34 articles

Showing 25 to 34 of 34 coverage articles

Week of March 16, 2026

Weiss Multi-Strategy Advisers: Jefferies Dispute and Examiner Fallout

Weiss Multi-Strategy Advisers filed chapter 11 in SDNY on April 29, 2024 to wind down after a dispute with Jefferies. The post covers the examiner report, Portuguese bond sale, insider DIP fight, and founder George Weiss's later personal bankruptcy.

FreefallFinancial services

Mar 16

Azul: Confirmed Chapter 11 Airline Restructuring

Azul used chapter 11 to equitize more than $2 billion of debt, fund operations with a $1.35 billion DIP facility, and confirm a plan that kept the airline flying while value shifted to creditor groups through exit notes, new equity, and related trust structures.

PrenegotiatedTransportation & logistics

Mar 16

Cold Spring Hills Nursing Home Sold to Receiver for $10 Amid $22.6M Philipson Fraud Suit

Cold Spring Hills filed chapter 11 after a $22.6M AG lawsuit over Philipson ownership and alleged fund diversions. A $10 receivership preserved the 588-bed nursing home while unsecured creditors faced a 2% recovery.

Healthcare & life sciences

Week of March 9, 2026

Mar 10

GOL Linhas Aereas Inteligentes S.A.: $1.9B Exit Financing and June 2025 Emergence

GOL Linhas Aereas filed chapter 11 in SDNY on Jan 25, 2024 and emerged June 6, 2025 with $1.9B exit financing and Abra control.

FreefallTransportation & logistics

Week of March 2, 2026

Mar 6

Credivalores: Prepackaged Note Exchange and Chapter 7 Conversion

Credivalores filed a prepackaged chapter 11 in SDNY to exchange $210.8M notes for secured 2029 notes; converted to chapter 7 in July 2025.

PrepackagedFinancial services

Mar 6

Casino Guichard-Perrachon Files Chapter 15 to Enforce €8.2 Billion French Safeguard Restructuring

Casino Feb 2024 SDNY ch. 15 recognized French accelerated safeguard proceedings; U.S. case closed June 2024.

Chapter 15Consumer & retail

Mar 6

The Body Shop U.S. Files Chapter 7 After UK Parent Administration Cuts Off Cash

The Body Shop U.S. U.S. entity entered ch. 7 liquidation after UK parent administration disrupted cash and operations.

Chapter 7Consumer & retail

Mar 6

Acorda Therapeutics Sells Assets to Merz for $185 Million, Liquidating Plan Confirmed

Acorda Therapeutics April 2024 SDNY ch. 11 ran a $185M stalking horse 363 sale to Merz and confirmed a liquidation plan.

Healthcare & life sciences

Mar 6

2U: Rapid Prepack Restructures $945M Debt Stack

2U July 2024 SDNY prepack restructured ~$945M funded debt and went effective in September 2024.

PrepackagedTechnology & telecom

Week of December 29, 2025

Jan 3

Publishers Clearing House: Sweepstakes Icon Collapse Leaves Prize Winners Unsecured

Publishers Clearing House (PCH) filed chapter 11 Apr 2025; brand sold to ARB for $7.1M and "5,000 a week for life" winners became unsecured creditors.

Consumer & retail