Pinnacle Group's Broadway Realty I Co. and 81 affiliates filed for Chapter 11 bankruptcy amid rising interest on $564M in mortgage debt, restrictive NY rent laws that cut cash flow from 5,200 stabilized units, and foreclosure actions by secured lender Flagstar Bank.
Shoosmith Landfill operators have filed for Chapter 11 bankruptcy following the site’s closure, mounting environmental costs, and an underperforming gas contract; DIP financing talks underway to support planned asset sale.
CBRM Realty has filed for Chapter 11 bankruptcy amid liquidity issues and an impending sheriff’s sale following founder misconduct, supported by $27M in DIP financing to stabilize key affordable housing assets.
Synthego has filed for Chapter 11 bankruptcy amid sustained cash burn from heavy R&D and operational investments and rising debt service, supported by a $50M DIP and $85M stalking horse credit bid from an existing lender.
Harvest Sherwood has filed for Chapter 11 bankruptcy to finalize its wind-down and monetize remaining assets, including its Dallas facility and key litigation claims, with support from a $105 million DIP from existing lenders.
Rite Aid has filed for Chapter 11 bankruptcy for the second time in under two years after a failed turnaround and renewed liquidity pressures, with plans to sell assets or wind down operations.
Ascend Performance Materials has filed for Chapter 11 bankruptcy amid nylon market headwinds, intensified Chinese competition, and operational disruptions, supported by lender-backed DIP financing.
Arch Therapeutics has filed for Chapter 11 bankruptcy following chronic losses and failed capital-raising efforts, seeking a court-supervised asset sale amid a DIP financing dispute.
Global Clean Energy has filed for Chapter 11 bankruptcy amid construction delays, cost overruns, and protracted disputes involving its core Bakersfield renewable diesel refinery, aiming to restructure through a lender-backed plan.
Burger King franchisee Consolidated Burger Holdings has filed for Chapter 11 bankruptcy amid operating losses and a costly dispute with the franchisor over remodels, aiming for a court-supervised sale of its 57 locations backed by $1.6 million in DIP financing.
Bedmar Files Chapter 11 in District of Delaware
Grow Schools Files Chapter 11 in District of Delaware
D Tur Hotel Files Chapter 11 in Eastern District of California
Mosaic Files Chapter 11 in Southern District of Texas
Endi Plaza LLC Files Chapter 11 in Southern District of New York
Sifat Files Chapter 11 in Central District of California
Sunnova Files Chapter 11 in Southern District of Texas
Marrs Construction Files Chapter 11 in District of Arizona
Fred Rau Dairy Files Chapter 11 in Eastern District of California