Explore every episode of the podcast Restructuring Report

This episode covers key developments in four major restructuring and bankruptcy cases:

Bitcoin Depot, the largest Bitcoin ATM operator in North America, files for Chapter 11 in Houston with plans to wind down operations and sell substantially all assets after identity-verification requirements triggered a dramatic collapse in transaction volume and profitability amid mounting regulatory scrutiny and litigation.

West Marine, the boating and watersports retailer operating more than 200 stores nationwide, enters a dual-track Chapter 11 process aimed at either a lender-backed recapitalization or a full asset sale, with the company targeting emergence within 95 days while seeking to reduce debt by more than $300 million.

In New York, North Star Health Alliance, a rural nonprofit healthcare system, seeks approval for up to $60 million in state-backed financing to preserve hospital operations and avoid closure of critical healthcare facilities serving two large counties in the North Country.

And a Houston bankruptcy court issues a split ruling over geologist royalty interests in the Barrow Shaver Resources case, finding that consulting agreements failed under the Texas statute of frauds while simultaneously recognizing equitable interests that may place disputed royalty proceeds outside the bankruptcy estate.

💡 From cryptocurrency kiosks and retail restructurings to rural healthcare financing and complex oil-and-gas royalty disputes, this episode explores how operational shocks, legal uncertainty, and liquidity pressures continue to shape outcomes across the Chapter 11 landscape.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Spanish Broadcasting System, the Spanish-language media company behind Mega TV and La Musica, files a pre-packaged Chapter 11 to restructure approximately $310 million in secured notes, with noteholders set to take ownership of the reorganized company through a debt-for-equity exchange.

YesCare Corp. and affiliated correctional healthcare providers enter Chapter 11 after a $307 million jury verdict triggered contract terminations representing more than $350 million in annual revenue, leaving the company unable to meet payroll obligations and facing substantial litigation exposure.

A secured creditor moves to dismiss the Nied Ownership bankruptcy as a bad-faith filing, arguing the Central Florida real estate holding company sought Chapter 11 protection just days before a scheduled foreclosure auction tied to a heavily distressed property portfolio carrying more than $457 million in mortgage debt.

And National Railway Equipment Company, operating under T.R.M. N.R.E. Holding, seeks approval of a $3 million junior DIP financing facility from its own equity sponsor as the company warns it could exhaust liquidity within weeks while pursuing a restructuring under strict case milestones.

💡 From media restructurings and correctional healthcare fallout to distressed real estate and insider-backed DIP financing, this episode examines how litigation shocks, governance pressures, and capital constraints continue to shape the evolving Chapter 11 landscape.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Spirit Airlines moves to sell or abandon its remaining fleet following a full operational shutdown, seeking emergency court approval to dispose of aircraft, engines, and spare parts as surging fuel costs rendered its reorganization plan unworkable.

A federal district court vacates the extension of the automatic stay to non-debtors in the Genesis Healthcare case, ruling that the bankruptcy court failed to follow required procedures and properly apply the preliminary injunction standard under Fifth Circuit precedent.

In the BlockFills crypto bankruptcy, a creditor seeks appointment of both a Chapter 11 trustee and an independent examiner, alleging fraud, commingling of customer assets, and a significant balance sheet deficit tied to trading losses and unsecured lending practices.

And Axip Energy Services files a Chapter 11 liquidation plan incorporating a global settlement following its asset sale, with recoveries projected at roughly 49% for senior lenders and 40% for unsecured creditors after a rapid Section 363 process.

💡 From airline shutdowns and appellate reversals to crypto governance disputes and energy-sector liquidations, this episode explores how operational collapse, procedural rigor, and creditor negotiations are shaping outcomes in complex bankruptcy cases.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in three major restructuring and bankruptcy cases:

FreshRealm, a fresh food manufacturer supplying major partners like Blue Apron and Walmart, files for Chapter 11 after a series of Listeria outbreaks wiped out roughly 90% of its revenue, entering with $168 million in secured debt, a $63 million DIP facility, and a stalking horse sale to Misfits Market as it pursues insurance recoveries exceeding $40 million.

Wiser Solutions, a pricing analytics and retail intelligence software provider, files for Chapter 11 with approximately $563 million in funded debt, launching a credit-bid sale process backed by its senior lender and supported by $34.2 million in DIP financing, following years of acquisition-driven growth that left the company with operational redundancies.

And Impac Mortgage Holdings files a prepackaged Chapter 11 designed to preserve more than $1.4 billion in tax attributes, with a sponsor converting secured debt into full ownership of the reorganized company under a structure aimed at maximizing the value of net operating losses.

💡 From food safety crises and SaaS consolidation challenges to tax-driven restructurings, this episode explores how operational shocks, capital structure strain, and strategic bankruptcy tools are shaping outcomes across today’s Chapter 11 landscape.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Artist & Craftsman Supply files a disclosure statement projecting a 100% recovery for all creditor classes, outlining a reorganization plan that preserves its remaining retail footprint while demonstrating significantly higher recoveries than a Chapter 7 liquidation.

Carbon Health Technologies seeks court approval of a $100 million credit bid backstop sale, positioning its lender to acquire the business if its reorganization plan fails, as the company faces mounting administrative costs and potential liquidity constraints ahead of confirmation.

BRD Land & Investment files a Chapter 11 liquidation plan projecting approximately 16% recovery for unsecured creditors, following a collapse in residential development demand that erased hundreds of millions in projected revenue.

And Cyprus Mines Corporation secures approval for an additional $3 million in DIP financing, extending a long-running case tied to talc litigation as it approaches a critical plan confirmation deadline nearly five years after filing.

💡 From full-recovery retail reorganizations and healthcare sale backstops to real estate liquidations and litigation-driven bankruptcies, this episode explores how market shifts, capital constraints, and legal timelines are shaping outcomes across today’s Chapter 11 landscape.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Office Properties Income Trust heads toward confirmation of its $2.4 billion restructuring, following extensive intercreditor disputes and a series of settlements that stabilized enterprise value and reduced leverage through conversion of its DIP facility into equity, leaving unsecured noteholders with modest recoveries and wiping out existing equity.

FAT Brands enters the final phase of its Chapter 11 sale process after resolving a high-profile governance battle, with bids due April 24th and lenders positioned to credit bid nearly $1 billion in debt if no third-party offers emerge.

Axip Energy Services completes a $161 million Section 363 sale in just 43 days, one of the fastest recent processes in the Southern District of Texas, though the outcome leaves unsecured creditors and junior stakeholders facing little to no recovery.

And BlockFills, a digital asset brokerage, advances a dual-track restructuring strategy combining a potential customer-led NewCo transaction with a court-supervised sale, as the case centers on whether customer crypto assets constitute property of the estate.

💡 From distressed office real estate and franchise governance battles to rapid asset sales and crypto restructuring frameworks, this episode explores how speed, stakeholder negotiations, and emerging legal questions are shaping outcomes across today’s Chapter 11 landscape.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

A Delaware bankruptcy court issues a mixed ruling on Yellow Corporation’s $1.44 billion pension settlements, approving agreements with thirteen plans while rejecting three that deviated from a standardized valuation methodology or included excessive damages, allowing approved settlements to proceed as litigation continues on the remainder.

Bravo Brio Restaurants secures confirmation of its Chapter 11 plan after the court estimates nearly $12 million in claims by inKind at zero, resolving the case’s only objection and clearing the way for unsecured creditors to recover from a limited distribution funded by asset sales.

A Utah bankruptcy court orders the appointment of a Chapter 11 trustee for crypto lender SmartFi, rejecting conversion to Chapter 7 and citing commingled assets, questionable transactions with affiliates, and the need for independent oversight to preserve potential recoveries.

And a Florida bankruptcy court appoints an examiner in the RAD Diversified REIT cases, launching a sweeping investigation into investor funds, asset transfers, and insider transactions amid ongoing scrutiny from the SEC, state regulators, and federal authorities.

💡 From pension liability disputes and claim estimation battles to crypto governance breakdowns and real estate investigations, this episode explores how courts are navigating complex financial structures, creditor recoveries, and regulatory oversight in today’s Chapter 11 landscape.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

The Uncle Nearest whiskey company’s Chapter 11 cases are dismissed just two days after filing, with the court ruling that a court-appointed receiver—already in place from prior litigation—held exclusive authority to commence bankruptcy, underscoring the limits of debtor control in receivership scenarios.

The LYCRA Company files a prepackaged Chapter 11 to eliminate approximately $1.2 billion in debt, backed by broad creditor support and a $75 million DIP facility, positioning the global fiber manufacturer for a rapid restructuring that wipes out existing equity while leaving unsecured creditors unimpaired.

BlockFills parent Reliz Technology Group enters Chapter 11 with roughly $145 million in unsecured claims, following a series of crypto-related losses and litigation, while pursuing a restructuring that would transfer its platform and customer accounts into a new entity with creditor participation.

And FAT Brands seeks approval of a $76.9 million DIP financing package—including a significant debt roll-up—to fund operations and support a near-term sale process, alongside governance changes that shift control to a special committee as part of lender negotiations.

💡 From receivership conflicts and prepackaged restructurings to crypto market fallout and franchise-driven restaurant sales, this episode explores how governance disputes, capital structure resets, and volatile markets are shaping the evolving Chapter 11 landscape.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

A Puerto Rico bankruptcy court rules that the automatic stay does not block a regulator’s enforcement action against The Phoenix Fund, holding that the island’s financial regulator may continue liquidation proceedings under the police power exception, and recognizing the court-appointed receiver—not prior management—as the debtor-in-possession.

In the Archdiocese of New Orleans bankruptcy, the court finds that 81 abuse survivors lack standing to challenge attorneys’ fee applications following confirmation of the $230 million settlement plan, ruling that any fee reductions would benefit the reorganized debtor rather than the settlement trust under the case’s “pot plan” structure.

Razzoo’s Cajun restaurant chain files a Chapter 11 liquidation plan after completing an $18.8 million asset sale, proposing a liquidating trust to distribute proceeds while unsecured creditors with roughly $7.4 million in claims are expected to recover between 5.5% and 6.8%.

And the Art Van Furniture Chapter 7 trustee moves to sell the estate’s rights in long-running Visa/Mastercard interchange fee litigation for $850,000, reopening value from antitrust settlement claims tied to the retailer’s 2020 bankruptcy.

💡 From regulatory enforcement and survivor settlements to restaurant liquidations and antitrust litigation recoveries, this episode explores how courts are balancing public policy, creditor recoveries, and asset monetization across a diverse range of bankruptcy cases.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Cumulus Media, operator of 394 radio stations nationwide, files a prepackaged Chapter 11 in Houston with a deal to eliminate approximately $592 million in debt, reduce annual interest expense by nearly $49 million, and hand 95% of the reorganized equity to secured lenders. The filing marks the broadcaster’s second bankruptcy in seven years, driven by declining ad revenue, digital competition, and disputes over audience measurement data.

An Illinois bankruptcy court confirms the reorganization plan of Lutheran Home and Services for the Aged, refinancing $180 million in bond debt and approving third-party releases over objections from the U.S. Trustee. The court held that consensual release provisions remain permissible under Seventh Circuit law following the Supreme Court’s Purdue decision.

NFN8 Group, a Bitcoin mining operator, seeks approval of bidding procedures to sell substantially all assets under Section 363, proposing an all-cash auction process designed to repay DIP obligations in full as it markets its power rights, infrastructure, and equipment.

And Buddy Mac Holdings, a rent-to-own retailer, asks to pay $370,000 in commissions tied to consulting services that generated approximately $8.45 million in Employee Retention Credit refunds, arguing the payment is contractually required and beneficial to the estate.

💡 From legacy broadcast media and senior living nonprofits to cryptocurrency mining and pandemic-era tax credits, this episode explores how balance-sheet restructurings, asset sales, and post-petition compensation disputes are shaping the current Chapter 11 landscape.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Hawthorne Race Course, North America’s oldest family-owned racetrack, files for Chapter 11 in Illinois while pursuing a Section 363 sale of substantially all assets. The filing follows frozen bank accounts, the loss of a key sportsbook partner, and a sharp drop in wagering deposits, with the company securing $16 million in DIP financing and prioritizing purse payments to horsemen as it works to preserve its racing license and casino rights.

FlexShopper seeks emergency approval of a Transition Services Agreement with ReadySett, the court-approved buyer of its assets, to ensure a seamless servicing transfer of its loan portfolio following a sale targeted to close in early March.

Paragon Industries, an Oklahoma steel pipe manufacturer, asks the court to approve a $40 million asset sale to Integrated Utility Services after a marathon auction process that drew seven bidders, excluding a controversial insider-linked bidder that failed to post a deposit.

And BRD Land and Investment, a Charlotte-based land developer, files for Chapter 11 citing a $390 million collapse in projected revenue after homebuilders canceled projects, along with allegations that its senior lender imposed aggressive fees and accelerated paydowns that strained liquidity.

💡 From racetracks and retail finance to industrial manufacturing and residential land development, this episode examines how lender disputes, failed growth projections, and sale-driven restructurings are shaping the latest wave of Chapter 11 cases.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Avenger Flight Group, a global aviation simulator and flight training provider, files for Chapter 11 in Delaware with approximately $273 million in secured debt, backed by $43.5 million in DIP financing from prepetition lenders who will serve as stalking horse bidders in a credit bid sale process. The filing follows rapid, debt-fueled expansion and reduced demand for A320 simulator training after Pratt & Whitney engine issues grounded aircraft across the industry.

Carbon Health Technologies seeks court approval of $2.79 million in incentive and retention programs as it advances its Chapter 11 case in Texas, proposing performance-based bonuses for senior executives and structured retention payments for 40 non-insider employees to stabilize operations during a sale or reorganization process.

In Miami, an unsuccessful bidder challenges a $95 million bankruptcy auction for a Holiday Inn property, returning with a $107 million all-cash offer and alleging flaws in the auction process while asking the court to reopen bidding.

And Barrow Shaver Resources Company files a Chapter 11 liquidation plan that would transfer all remaining assets into a trust funded by prior asset sales, with secured and unsecured creditors sharing in trust distributions and equity interests cancelled.

💡 From aviation training and healthcare staffing to contested real estate auctions and oilfield liquidations, this episode examines how sale processes, compensation strategies, and trust structures are shaping the latest wave of Chapter 11 restructurings.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in six major restructuring and bankruptcy cases:

Nine Energy Service files a prepackaged Chapter 11 with support from more than 70% of its senior secured noteholders, seeking to eliminate $319 million in secured debt through a full debt-for-equity conversion while preserving approximately 1,100 jobs and targeting a rapid 31-day exit from bankruptcy.

Bitcoin mining company NFN8 Group enters Chapter 11 after a catastrophic fire at its Texas facility cut mining capacity by up to 50%, compounding margin pressure from the Bitcoin halving and litigation costs as the company lines up $2.75 million in DIP financing and pursues a court-supervised asset sale. 

Luminar Technologies proposes a $143 million liquidation plan, selling its semiconductor and LiDAR businesses in separate transactions that leave first-lien noteholders paid in full while wiping out existing equity after years of mounting losses and a breakdown in its relationship with Volvo.

A federal district court remands a $60 million cash-collateral dispute between First Brands Group and Evolution Credit Partners, sending the case back to bankruptcy court for evidentiary proceedings over contested factoring liens and adequate protection.

Carbon Health Technologies files for Chapter 11 with a dual-track restructuring strategy, pursuing both a debt-for-equity reorganization and an asset sale as it works to right-size a healthcare platform operating more than 90 clinics nationwide amid tightening capital markets.

And a Texas bankruptcy court overrules First Amendment objections to a Rule 2004 examination in the MMA Law Firm case, ordering discovery to proceed in what the court describes as a matter of first impression involving alleged defamatory statements made during bankruptcy proceedings.

💡 From oilfield services and cryptocurrency mining to healthcare, advanced technology, and constitutional issues in bankruptcy discovery, this episode explores how balance-sheet resets, asset sales, and evolving legal boundaries are shaping the latest wave of complex Chapter 11 cases.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in five major restructuring and bankruptcy cases:

Multi-Color Corporation files a prepackaged Chapter 11 plan to eliminate $3.9 billion in debt, backed by its private equity sponsor and a supermajority of first-lien lenders, while securing $889 million in new funding and paying general unsecured creditors in full.

An Arizona luxury resort developer, F-Star Socorro, seeks approval for $32 million in replacement DIP financing tied to its Ritz-Carlton-branded villa project, restructuring its capital stack to avoid a priming dispute while racing to close pending villa sales that could generate over $100 million in proceeds.

A Texas bankruptcy court upholds a $28 million gaming asset sale free and clear of union successor liability, rejecting a Teamsters challenge and reinforcing the scope of Section 363 sales despite objections rooted in federal labor law.

Banners of Abingdon, the largest Hallmark operator in Virginia, proposes a reorganization plan to pay all creditors in full while continuing operations of 39 stores, with long-term repayment of a $6.9 million superpriority DIP claim extending through 2030.

And Shannon Wind, a Texas wind farm operator, files for Chapter 11 after Winter Storm Uri generated more than $100 million in power market liabilities, launching a court-supervised sale process while continuing to operate with full merchant exposure .

💡 From global manufacturing and luxury real estate to labor law, retail, and renewable energy, this episode explores how capital structure resets, extreme weather risk, and statutory sale protections are shaping the next phase of complex Chapter 11 restructurings.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Tonopah Solar Energy files for Chapter 11 for the second time in six years, seeking $10 million in DIP financing from an affiliate lender as persistent technical failures cut output at its pioneering molten-salt solar facility and a broad marketing process fails to produce a stalking horse bidder.

The Franciscan Friars of California seek emergency court approval to liquidate investment assets and access restricted funds, warning of imminent cash exhaustion as the long-running case—filed to address sexual abuse claims—faces mounting operating and professional expenses.

White Rock Medical Center, a Dallas safety-net hospital, enters Chapter 11 alleging over $11 million in seller misrepresentations tied to its 2023 acquisition, after the abrupt loss of electronic health record access disrupted billing and operations serving a largely low-income patient population.

And Georgia ProtonCare Center, the state’s only proton therapy provider, files for bankruptcy with $550 million in debt, pursuing a going-concern sale to Emory University while prioritizing continuity of care for more than 1,000 cancer patients annually.

💡 From renewable energy and religious institutions to community hospitals and specialized cancer care, this episode examines how operational setbacks, liquidity crises, and healthcare economics are driving the latest wave of complex Chapter 11 filings.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

A federal bankruptcy appeals panel affirms dismissal of Reno City Center Owner LLC’s Chapter 11 case, clearing the way for a $42 million refinancing outside of bankruptcy after rejecting arguments that the dismissal improperly favored certain creditors over others.

The Chapter 11 trustee for Beverly Community Hospital Association seeks conversion to Chapter 7 liquidation after recovering more than $40 million through asset sales, preference actions, and litigation recoveries, arguing that continued administration under Chapter 11 would only erode remaining value.

First Brands Group narrows its dispute with factoring lenders, reducing its request for release of disputed cash to $18.1 million while deferring resolution of $35 million in contested receivables pending an examiner’s investigation into prepetition factoring arrangements.

And Paragon Industries, an Oklahoma steel pipe manufacturer, files an amended disclosure statement for a Chapter 11 liquidation plan complicated by a $77.7 million contested secured claim tied to its former director, as the creditors’ committee seeks subordination that could significantly increase recoveries for unsecured creditors.

💡 From appellate rulings and healthcare wind-downs to factoring disputes and insider claim challenges, this episode explores how litigation strategy, capital structure conflicts, and criminal allegations are shaping outcomes in complex bankruptcy cases.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Hearthside Food Solutions faces a pivotal Texas court ruling that sharply limits post-confirmation bankruptcy jurisdiction, with the court holding it lacks authority to enforce post-confirmation contractual obligations that do not affect plan implementation—while leaving the door open for fraud claims tied to the bankruptcy process itself.

The liquidation trustee for National Realty Investment Advisors seeks approval for nearly $97 million in development financing, raising governance questions over whether the Liquidation Trust Advisory Board must approve debt incurred by wind-down entities as the trustee argues development could boost investor recoveries by tens of millions of dollars.

Celebration Pointe Holdings files a liquidation plan for its 2-million-square-foot Gainesville mixed-use development, shifting away from reorganization amid pandemic-era disruptions, rising interest rates, and inflation, with unsecured creditors facing uncertain recoveries through a liquidating trust.

And Mode Eleven Bancorp asks a Wyoming bankruptcy court to approve a $2 million private sale of Summit National Bank after failed auctions, citing urgent regulatory pressure and receivership risk as it seeks to preserve value following an extensive but unsuccessful marketing process.

💡 From post-confirmation jurisdiction limits and trustee authority to large-scale real estate liquidations and distressed bank sales, this episode examines how legal boundaries, governance disputes, and timing pressures are shaping outcomes in complex Chapter 11 cases.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Artist & Craftsman Supply files for Chapter 11 in Maine just before the holidays, seeking court approval to continue operations, pay employees and vendors, and honor $715,000 in outstanding gift card balances to sustain its 18-store art and craft retail business. 

Luminar Technologies proposes a $110 million liquidation plan following its December bankruptcy filing, with a semiconductor subsidiary sale to Quantum Computing Inc. and a structured payout order that leaves existing equity holders with nothing. 

FlexShopper enters Chapter 11 after uncovering over $140 million in CEO and CFO fraud involving improper borrowing, lining up a stalking-horse sale for assets while arranging DIP financing to support the ongoing sale process. 

And a secured creditor moves to force Buddy Mac Holdings into liquidation, claiming the rent-to-own furniture retailer is self-liquidating without a viable reorganizational strategy as cash collateral timelines expire. 

💡 From retail struggles and tech liquidation plans to executive fraud fallout and creditor-led conversion efforts, this episode sheds light on how diverse challenges are driving the latest wave of U.S. bankruptcies and restructuring actions in early 2026. 

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring and bankruptcy cases:

Bravo Brio Restaurants details a reorganization plan that would transfer ownership of its 48 Italian dining locations to senior lender GPEE, providing unsecured creditors with a $750,000 distribution from the sale of a New Jersey liquor license—the only recovery available compared to a zero-return Chapter 7 outcome 

The Archdiocese of New Orleans secures confirmation of its $230 million reorganization plan, establishing a survivor compensation trust despite objections from Travelers Insurance, with the court holding that the insurer lacks standing to challenge abuse claims and cannot seek contribution of defense costs from survivors 

Linqto seeks approval of a $510,000 retention plan for 12 key employees as it winds down its liquidating Chapter 11 case, arguing the incentive structure is necessary to stabilize operations after regulatory failures shut down its investment platform earlier this year 

And TPI Composites requests emergency approval of a Vendor Advance Agreement with Vestas, designed to ease a critical liquidity shortfall by advancing supplier payments while granting Vestas administrative expense priority and contractual protections tied to blade production performance 

💡 From casual dining and religious institutions to fintech and renewable energy, this episode explores how creditor negotiations, survivor compensation frameworks, workforce retention strategies, and customer-funded liquidity solutions are shaping the current landscape of U.S. restructurings.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in five major restructuring and bankruptcy cases:

Spirit Airlines seeks court approval for a $140 million engine settlement with International Aero Engines to resolve disputes stemming from the Pratt & Whitney engine crisis that grounded much of its fleet. The agreement includes engine credits, replacement leases, and new purchase commitments as the airline works to stabilize operations.

SilverRock Development proposes a liquidation plan following the $65 million sale of its stalled luxury resort project in La Quinta, California, with secured creditors expected to recover in full and unsecured creditors receiving interests in a litigation trust.

The Stephan Company, a Florida-based beauty products holding company, files for Chapter 11 to address over 700 talc-related lawsuits, proposing a Section 524(g) trust funded by insurance proceeds to resolve long-running product liability claims.

First Brands Group seeks court approval of procedures to reconcile $2.5 billion in fraudulent customer invoices, after investigators uncovered extensive factoring irregularities that froze $250 million in payments and created chaos among lenders.

And a Missouri bankruptcy court caps a landlord’s $9.7 million claim against 23andMe—now Chrome Holding—at $5.6 million, reaffirming that Section 502(b)(6) limits on lease rejection damages apply even to solvent debtors.

💡 From aviation and luxury real estate to personal care and biotech, this episode explores how settlements, fraud investigations, and legal caps on creditor claims are shaping the latest wave of complex restructurings and bankruptcy rulings.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in five major restructuring and bankruptcy cases:

Lugano Diamonds seeks approval for $12 million in DIP financing from majority owner Compass Group Diversified Holdings to sustain operations through the 2025 holiday season and support an orderly liquidation through Enhanced Retail Funding.

Warner Bros. Entertainment challenges an $18.5 million film rights sale to Alcon Media Group, offering a higher bid and arguing the transaction violates bankruptcy restrictions on transferring financial accommodations tied to its co-financing role with Village Roadshow.

US Realm Powder River moves to sell substantially all assets—including 6,800 gas wells across one million acres—to Pronghorn Resources for $300 plus assumption of liabilities, emphasizing $150 million in creditor waivers as the true value of the deal after a six-year Chapter 11 case.

TPI Composites faces a severe liquidity crisis and seeks emergency approval for new production-based funding agreements with GE Renewables North America, warning that cash reserves could fall below $1 million without immediate relief.

And grain processor Hansen-Mueller requests approval of a $700,000 incentive and retention program for 27 key employees as it races to liquidate assets and wind down operations under a compressed December timeline.

💡 From luxury retail and Hollywood finance to energy production and agribusiness, this episode examines how liquidity pressures, insider financing, and asset-sale strategies are defining the current landscape of U.S. restructurings.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in five major restructuring and bankruptcy cases:

Office Properties Income Trust moves to sell a vacant Tempe, Arizona office complex for $11 million to Opus Development, the only bidder willing to assume carrying costs and proceed without parking contingencies, as the company seeks to streamline operations in Chapter 11.

First Brands Group’s affiliate Broad Street Financial faces a challenge from lender Aequum Capital, which seeks dismissal of its bankruptcy case over alleged governance violations and questions about the legitimacy of the filing for the bankruptcy-remote entity.

Cryptocurrency lender SmartFi requests conversion from Chapter 11 to Chapter 7, citing $2 million in unpaid professional fees and an estate rendered administratively insolvent after failed reorganization efforts.

Pine Gate Renewables launches a $1.4–$1.5 billion auction process for its solar portfolio, with three stalking horse bidders—Brookfield, Carlyle, and Fundamental—each vying for distinct project groups under a compressed sale timeline driven by liquidity pressures.

And American Tire Distributors sees a Delaware court ruling that landlord cleanup expenses are prepetition rejection damages, not administrative priority claims—clarifying the treatment of post-rejection lease obligations in asset sales.

💡 From office real estate and auto parts financing to crypto insolvency and renewable energy, this episode explores how sale strategies, lender disputes, and evolving interpretations of bankruptcy law are shaping the next wave of restructurings in late 2025.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode covers key developments in four major restructuring cases:

Office Properties Income Trust seeks approval for a $125 million DIP facility with a unique feature allowing full conversion to equity upon emergence.

Groff Tractor Mid Atlantic proposes a three-member Restructuring Committee to oversee the sale of its CASE construction equipment dealerships across the Mid-Atlantic region.

In Boston, The Bon Morro apartment complex files for Chapter 11 amid a dispute over restrictive ground lease terms that hindered refinancing efforts—potentially wiping out leasehold equity value.

And solar developer Pine Gate Renewables seeks approval to pay up to $168 million to critical vendors while pursuing $248 million in DIP financing.

💡 From commercial real estate and construction to renewable energy, this episode examines how financing structures, lease disputes, and liquidity management are shaping the latest wave of complex restructurings in late 2025.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode breaks down key developments in the following restructuring cases: 

Eastern Mountain Sports and Bob’s Stores advance toward liquidation under parent company Mountain Sports LLC’s Delaware plan, with unsecured creditors projected to recover less than 3% as the committee urges approval. 

Big Lots seeks conversion from Chapter 11 to Chapter 7 after administrative expenses surpass $60 million, arguing a trustee can more efficiently conclude the wind-down. 

Restaurant chain Razzoo’s faces an objection from Simon Property Group over unpaid “stub rent” in its DIP financing budget. 

Paragon Industries moves forward with a proposed auction process and bidding procedures for a sale scheduled in January 2026. 

💡 From outdoor retail to dining and manufacturing, we explore how liquidation strategy, landlord disputes, and asset sales are defining the next phase of corporate restructurings in late 2025. 

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode breaks down key developments in the following restructuring cases: 

Claire’s Holdings charts an unexpected turnaround, moving from full-chain liquidation to a creditor-backed reorganization. 

Lodging Enterprises advances a liquidation plan following a $91 million credit-bid sale of its hotel portfolio. 

SilverRock Development battles over a disputed 99-year “Luxury Lease” that could make or break its asset sale. 

RunItOneTime seeks approval for a $1.05 million retention plan to keep key casino staff in place during its restructuring. 

💡 From retail to real estate to gaming, we explore how speed, structure, and stakeholder strategy are redefining modern Chapter 11 outcomes. 

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode breaks down key developments in the following restructuring cases:

A bankruptcy court blocks the State of Texas from using pre-2009 conduct by “Old GM” in its data privacy lawsuit against General Motors, reaffirming the scope of successor liability protections from GM’s 2009 Chapter 11 restructuring.

BH Downtown Miami, LLC, the owner of a luxury Biscayne Bay hotel, proposes a Sotheby’s-run international auction as part of its Chapter 11 case, seeking to attract global bidders while awaiting court approval of the sale process.

Cold Spring Hills Center for Nursing and Rehabilitation files a Chapter 11 liquidation plan, with a pending sale to a new operator awaiting regulatory approval and projected recoveries of roughly 2% for unsecured creditors.

And Mercy Hospital faces a court setback after a judge rejects its effort to compel a creditor to accept payment meant to moot an appeal tied to a $55 million lawsuit.

💡 From data privacy disputes to luxury real estate and healthcare reorganizations, we explore how legacy liability, regulatory oversight, and litigation strategy are shaping today’s bankruptcy landscape.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode breaks down key developments in the following restructuring cases:

Rite Aid seeks urgent court approval to sell its remaining preference claims before key prosecution deadlines expire, aiming to generate immediate liquidity for creditors.

CTL-Aerospace pushes for a rapid asset sale to meet tight financing milestones and preserve core manufacturing operations.

Powin Energy files a joint liquidation plan after $54 million in asset sales, marking the wind-down of a once-promising energy storage innovator.

And the Big Lots asset buyer petitions the court to compel PayPal to release $600,000 in withheld reserve funds tied to completed transactions.

💡 From retail to aerospace and clean energy, we explore how speed, liquidity, and enforcement are driving outcomes in today’s fast-paced Chapter 11 landscape.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode breaks down key developments in the following restructuring cases:

TPI Composites creditors challenge a $400 million Oaktree-led uptier financing deal, alleging unfair treatment and insider favoritism in the wind energy manufacturer’s Chapter 11 case.
 

The Rite Aid Bankruptcy Trust files suit against Walgreens, seeking tens of millions in reimbursement for opioid litigation costs tied to pre-bankruptcy indemnification agreements.

💡 From renewable energy to retail pharmacy, we explore how creditor conflicts, liability recovery, and financial engineering are reshaping the boundaries of post-bankruptcy strategy.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode breaks down key developments in the following restructuring cases:

The ConvergeOne confirmation order is overturned after a District Court finds unequal treatment among creditor classes, raising new questions about fairness in plan structure.
 

The DC Solar bankruptcy sees a major reversal as a Nevada court reclassifies tax priorities, potentially blocking a $90 million creditor distribution.

TPI Composites, a leading wind energy supplier, seeks court approval for an asset sale while continuing critical customer negotiations to sustain operations.

💡 From tech services to renewable energy and tax litigation, we explore how judicial oversight, claim hierarchy, and operational continuity are redefining outcomes in today’s complex Chapter 11 cases.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode breaks down key developments in the following restructuring cases:

The Oakland Diocese moves to dismiss its own Chapter 11 case after $29 million in losses and failed settlement talks with abuse survivors.

Pinstripes Entertainment files for bankruptcy and pursues a fast-track asset sale to preserve 900 jobs and sustain its “eatertainment” concept.

Alachua Government Services, a biologics manufacturer, seeks court approval for an asset sale following sharp funding cuts and supply chain challenges.

CTL Aerospace, a long-standing Ohio defense contractor, enters Chapter 11 amid inflationary pressures and contract delays.

💡 From churches to bowling alleys and biotech labs to aerospace plants, we explore how costs, contracts, and credibility are driving the next wave of corporate restructurings.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode breaks down key developments in the following restructuring cases:

• Avon wins conditional court approval for its talc liability plan, despite ongoing insurance disputes.
• Claire’s seeks creditor approval for a $140 million going-concern sale to preserve its retail footprint and workforce.
• ModivCare files for Chapter 11 with a plan to cut $1.1 billion in debt, aiming to stabilize its healthcare logistics operations.

💡 From consumer brands to healthcare transport, we explore how debt reduction, litigation strategy, and operational survival are shaping today’s Chapter 11 landscape.

Want deeper insights into these cases? Visit chapter11cases.com or subscribe to our email newsletter for weekly articles and updates.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.

This episode breaks down key developments in the following restructuring cases:

• FTX Recovery Trust moves to cut $1.93B in disputed claims, potentially speeding up payouts to creditors.
• 23andMe’s $305M asset sale approved despite privacy concerns over genetic data.
• CareerBuilder & Monster.com’s parent company files for Chapter 11 amid falling ad revenue and new competition.
• Higher Ground Education, the nation’s largest Montessori operator, enters bankruptcy after pandemic-driven losses.

💡 From crypto to edtech, we explore how risk, regulation, and reputation are redefining modern insolvency.

Want deeper insights into these cases? Subscribe to our email newsletter for weekly articles and updates.

Thank you for listening! Visit researchsuite.stretto.com for more information.

Follow us on LinkedIn.