Restructuring Report

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 en...

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, ...

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...

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 sup...

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 re...

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...