Mar 19Eiger BioPharmaceuticals: $45.2M Sale and Rare Equity RecoveryEiger filed chapter 11 April 2024; sold Zokinvy for $45.2M and avexitide for $35.1M. Rare outcome: equity holders received distributions.Healthcare & life sciences
Mar 19Buca di Beppo: Italian Restaurant Chain's $27M Credit Bid SaleItalian family-style dining chain Buca di Beppo filed chapter 11 in the Northern District of Texas with $39M in secured debt and $250K cash. Main Street Capital acquired 41 restaurants via $27M credit bid. The estate converted to chapter 7 after administrative insolvency.Chapter 7Food & agriculture
Mar 16Tommy's Boats: Trustee-Led Liquidation After Dealer DisputeTommy's Boats filed chapter 11 in Texas after a dispute with Malibu Boats and roughly $105 million in floorplan debt. The case shifted quickly to chapter 11 trustee control, produced a $3.5 million Malibu settlement, and ended in a confirmed liquidating plan effective August 26, 2025.FreefallConsumer & retail
Mar 14Zips Car Wash: Lenders Take Control After 84-Day RestructuringZips Car Wash filed chapter 11 in the Northern District of Texas on February 5, 2025, emerged on April 30 after a lender-backed balance-sheet reset, and still had claims objections and lease appeals working through the docket into March 2026.PrepackagedConsumer & retail
Mar 9Prospect Medical Holdings: Effective Date Caps Hospital BreakupProspect Medical Holdings' chapter 11 plan went effective on March 6, 2026 as Centurion closed on Roger Williams Medical Center and Our Lady of Fatima Hospital. The case now turns to claims reconciliation, California post-sale cleanup, and Pennsylvania wind-down work.Healthcare & life sciences
Mar 6Cottonwood Financial: Cash Store Payday Lender Sold to Check 'n Go OperatorCash Store payday lender Cottonwood Financial filed chapter 11 Feb 2024; sold 181 stores to CNG Holdings. Unsecured creditors received nothing.Financial services
Mar 6Inspired Healthcare Capital Wins Hanover Sale Approval Through Debt AssumptionInspired Healthcare Capital won approval to sell Salterra at Hanover through a buyer assumption of lender debt. The August 26 order makes the asset transfer and lender releases conditional on closing.Healthcare & life sciences
Mar 6Stoli Group USA and Kentucky Owl Convert Chapter 11 to Chapter 7Stoli Group (USA) filed Nov 27, 2024 in ND Tex. The case converted to chapter 7 on Jan 15, 2026.FreefallFood & agriculture
Mar 6KidKraft: MidOcean-Backed Toy Maker Sold to Backyard Products in PrepackKidKraft filed prepackaged chapter 11 May 2024; sold to Backyard Products. Plan confirmed in 45 days. Canadian affiliates filed separate CCAA.PrepackagedIndustrials & manufacturing
Mar 6CareMax: Sale-Based Chapter 11 Plan Exits in 78 DaysCareMax Nov 2024 N.D. Texas ch. 11 used DIP financing and sale transactions; plan confirmed Jan 2025, effective Feb 2025.Healthcare & life sciences
Mar 6Hooters of America: Founder-Led Buyout Returns Iconic Chain to Its Rootsfiled ch. 11 with $376M debt. Founders acquired 140+ locations. Full docket and plan confirmation analysis.FreefallFood & agriculture
Mar 6Buddy Mac Holdings: Franchisor Collapse Triggers Chapter 11Buddy Mac Holdings filed chapter 11 with 49 affiliates after franchisor bankruptcy triggered supplier credit crisis. Complete 50-debtor case analysis.FreefallConsumer & retail