Virginia Eastern coverage

chapter 11 and restructuring coverage from Virginia Eastern.

5 articles

Showing 1 to 5 of 5 coverage articles

Week of May 11, 2026

Ascena Retail Group: GUC Trust Wind-Down Keeps Case Open

Ascena Retail Group’s chapter 11 case now centers on the Ascena GUC Trust, unresolved unsecured-claim administration, and the reasons the Virginia cases remain open in 2026 after a 2021 effective date.

PrenegotiatedConsumer & retail

Week of May 4, 2026

May 4

Patriot Coal: Second Chapter 11 and 363 Sale to Blackhawk Mining

Patriot Coal filed a second chapter 11 on May 12, 2015, in E.D. Va. (case 15-32450), less than 18 months after its 2013 emergence. Coal market deterioration and $791M in secured debt drove the refiling. The 363 sale to Blackhawk Mining was confirmed October 9, 2015; equity cancelled October 28.

Energy & natural resources

Week of March 2, 2026

Mar 8

Hopeman Brothers: 524(g) Trust Funded by Insurers

Hopeman Brothers filed chapter 11 as a no-operations asbestos debtor, pursued insurer settlements including a $31.5 million Chubb buyback, and sought to channel asbestos claims into a 524(g) trust while district-court review remained pending in 2026.

FreefallIndustrials & manufacturing

Mar 6

Enviva: $500M DIP and $250M+ Rights Offering Plan

Enviva’s chapter 11 paired a $500M no-rollup DIP with a $250M+ rights offering and a $1.05B exit facility; effective Dec. 6, 2024.

PrenegotiatedIndustrials & manufacturing

Week of December 29, 2025

Dec 30

Fairfield Williamsburg: Timeshare Association Seeks 363(h) Sale in Subchapter V Case

Fairfield Williamsburg timeshare filed Subchapter V for 363(h) sale. $34M deferred maintenance vs. $16.8M cash; 99.42% of owners approved bankruptcy.

Subchapter VTravel, leisure & hospitality