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- Case filing & court posture: Thrill Intermediate LLC and nine affiliated debtors filed Chapter 11 petitions on September 28, 2025 in the District of Nevada (Case No. 25-15714-MKN). Dkt. 1 Judge Nakagawa presides over the jointly administered cases. - Debtor profile & liquidity crisis: The debtors operate television content production and motorsport entertainment, including the flagship "Ridiculousness" show (approximately 50% of MTV's programming) and Nitrocross racing events. At filing, the debtors carried approximately $83.7 million in senior secured debt under a May 2022 credit facility plus roughly $53.9 million in unsecured claims. - Contested dismissal motion: On October 1, 2025, the ad hoc group of first lien lenders moved to dismiss the case as void ab initio, alleging lack of authority for the bankruptcy filing. Dkt. 8 The court denied the motion without prejudice on December 30, 2025. Dkt. 256 - Cash collateral dispute & no DIP financing: The debtors have obtained no DIP financing. Instead, parties are engaged in a contentious cash collateral dispute; an evidentiary hearing is scheduled for March 24, 2026. Dkt. 341 - Plan exclusivity…
Updated May 13, 2026
Sep 2, 2026
Claims & Administration · 9:30 AM PT · Hon. Mike K. Nakagawa · MKN Zoom Teleconference Line
Proof of Claim - Claim 19 - ID 7843665
Docket 19 · Aug 21, 2026
BNC Certificate of Notice. (Related document(s)[657] Order Approving Verified Petition) No. of Notices: 3. Notice Date 08/21/2026. (Admin.)
Docket 658 · Aug 21, 2026
Proof of Claim - Claim 17 - ID 7842392
Docket 17 · Aug 20, 2026
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