Bird Global is in the post-confirmation liquidation and trust-administration phase, with the operating restructuring now largely replaced by claims resolution, channeling-injunction enforcement, settlements, and estate litigation. The company filed chapter 11 on December 20, 2023 after an acute liquidity squeeze: Bird had only about $3.25 million of unrestricted cash, roughly $108.9 million of financial debt, substantial customer wallet obligations, and more than 100 pending lawsuits, while seeking DIP financing and first-day relief to preserve operations long enough to run a going-concern sale process through chapter 11 Rankin First Day DeclarationDkt. 31.
The case moved from emergency liquidity relief into a liquidation architecture. Bird’s June 2024 plan created a Liquidating Trust and a Tort Claims Trust, allocated estate assets and proceeds among creditor constituencies, channeled tort claims to a dedicated trust, and embedded an insurance settlement structure to fund tort-claims administration Second Amended Joint Chapter 11 Plan of LiquidationDkt. 802. The court confirmed that plan in August 2024, approved the disclosure statement and insurance settlement, entered a bar order and channeling injunction, and empowered Joseph J. Luzinski as Liquidating Trustee and Robert Fishman as Tort Claims Trustee to implement the post-confirmation wind-down Confirmation OrderDkt. 1205.
Current activity reflects that posture. The trustees are still monetizing or resolving residual estate matters, including a court-approved settlement with Ford Next, LLC , while the Liquidating Trustee has opened new litigation against Ernst & Young seeking to avoid and recover alleged fraudulent transfers tied to prepetition audit and review work . In parallel, the Tort Claims Trustee continues claims-administration litigation, including an objection fight over a late-filed tort claim , and municipalities are pursuing adversary relief to enforce the plan’s channeling regime against state-court scooter claims, including proceedings brought by Los Angeles and Long Beach and . The near-term docket remains administrative and litigation-focused, with an omnibus hearing set for June 4, 2026 and a status conference set for June 25, 2026.