Cases
CourtFilingsPetition dateMore filters
Current posture
Spanish Broadcasting System is in the post-confirmation phase of its prepackaged Chapter 11 case, operating under final DIP authority while it works toward a plan effective date and the FCC approvals contemplated for emergence. The debtors filed on May 11, 2026, after the March 1 maturity of approximately $310 million in funded debt, consisting of their 9.75% senior secured notes. Following a 30-day forbearance, SBS entered into an RSA with holders of more than 90% of the notes, setting the case on a negotiated debt-for-equity path before the petitions were filed, as detailed in the First-Day Declaration Dkt. 5. The RSA-backed plan contemplates reducing funded debt by more than 75%, from $310 million to $70 million. Existing noteholders are to receive $70 million of new secured notes due 2030 and all of the reorganized common equity, subject to dilution by a management incentive plan, while existing preferred and common equity would be cancelled without a distribution. The framework also preserves a sale pivot if an approved sale would provide greater value than the equitization transaction. To fund operations through that…
Updated Aug 6, 2026
Affidavit/Declaration of Mailing of Nelson Crespin Regarding Second Monthly Staffing and Compensation Report of Riveron Management Services, LLC for Providing a Chief Restructuring Officer and Additional Personnel to the Debtors for the Period from June 1, 2026 through June 30, 2026. Filed by Kroll Restructuring Administration LLC. (related document(s)285)
Docket 287 · Aug 11, 2026
Affidavit/Declaration of Mailing of Nelson Crespin Regarding Chapter 11 Monthly Operating Reports for the Month Ending June 30, 2026 and First and Final Fee Application of Kroll Restructuring Administration LLC, Administrative Advisor to the Debtors, for Compensation for Services and Reimbursement of Expenses for the Final Period from May 11, 2026 through July 1, 2026. Filed by Kroll Restructuring Administration LLC. (related document(s)228, 229, 230, 231, 232, 233, 234, 235, 236, 237, 238, 239, 240, 241, 242, 243, 244, 245, 246, 247, 248, 249, 250, 251, 252, 253, 254, 255, 256, 257, 258, 259, 260, 261, 262, 263, 264, 265, 266, 267, 268, 269, 270, 271, 272, 273, 274, 275, 276, 277, 278, 279, 280, 281, 282, 284)
Docket 286 · Aug 10, 2026
Monthly Staffing Report for Filing Period June 1 - 30, 2026 // Second Monthly Staffing and Compensation Report of Riveron Management Services, LLC for Providing a Chief Restructuring Officer and Additional Personnel to the Debtors for the Period from June 1, 2026 Through June 30, 2026. Filed by Riveron Management Services, LLC. Objections due by 8/17/2026. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B # 4 Exhibit C # 5 Exhibit D)
Docket 285 · Aug 3, 2026
Query-ready data is available through ElevenFlo MCP.
ElevenFlo MCP
Use case-aware search, source-grounded filings, and structured data from the AI tools where you already work.
Use ElevenFlo MCP to brief me on Spanish Broadcasting System, Inc. (case_id 14790). Identify the latest material developments, cite the controlling filings, and return the relevant structured data.