3 April, 2025

Case Summary: Catona Climate Chapter 11

Catona Climate (fka Aspiration) has filed for Chapter 11 bankruptcy amid legacy liabilities and a liquidity crisis triggered by halted founder funding, planning a 363 sale with DIP support.

By Bondoro

31 March, 2025

Case Summary: Heritage Coal & Natural Resources Chapter 11

KTRV/Heritage Coal have filed for Chapter 11 bankruptcy amid falling coal prices and a liquidity crisis exacerbated by intense post-acquisition disputes with former owners involving litigation and alleged equipment sabotage.

By Bondoro

29 March, 2025

Case Summary: Bar Louie Chapter 11

Bar Louie has filed for Chapter 11 bankruptcy for the second time in five years, seeking to restructure $70 million in debt amid macroeconomic pressures and rising costs, backed by DIP financing from its existing lender.

By Bondoro

28 March, 2025

Case Summary: TimberHP Chapter 11

TimberHP has filed for Chapter 11 bankruptcy following construction delays and cost overruns on its wood fiber insulation plant, securing stakeholder support for a pre-arranged reorganization.

By Bondoro

26 March, 2025

Case Summary: Benson Hill Chapter 11

Benson Hill has filed for Chapter 11 bankruptcy amid industry headwinds, seeks going-concern 363 sale backed by DIP financing from existing stakeholders.

By Bondoro

25 March, 2025

Case Summary: Forever 21 Chapter 11

Forever 21 has filed for Chapter 11 bankruptcy, citing competition from online retailers such as Shein and Temu, inflation, and shifting customer preferences, with plans for an expedited store liquidation and potential asset sale.

By Bondoro

25 March, 2025

Case Summary: Danimer Scientific Chapter 11

Danimer Scientific has filed for Chapter 11 bankruptcy amid stalled customer commitments, liquidity issues tied to expansion costs, and underutilized production capacity, and plans to sell assets.

By Bondoro

18 March, 2025

Case Summary: Brightmark Chapter 11

Brightmark has filed for Chapter 11 bankruptcy to pursue a 363 sale, citing liquidity constraints and operational challenges, with junior DIP financing in place to support operations.

By Bondoro

17 March, 2025

Case Summary: Village Roadshow Chapter 11

Village Roadshow has filed for Chapter 11 protection amid Warner Bros. disputes and a failed push into independent production, with a $365M stalking horse bid for its film library.

By Bondoro

17 March, 2025

Case Summary: Air Pros Chapter 11

Air Pros has filed for Chapter 11 bankruptcy following rapid acquisitions and integration challenges, pursuing a break-up sale backed by $20 million in new and rolled-over DIP financing.

By Bondoro