Linqto has filed for Chapter 11 bankruptcy after uncovering widespread securities law violations and halting its platform, supported by $60 million in DIP financing to preserve asset value and explore strategic alternatives.
The Villages Health has filed for Chapter 11 bankruptcy following the discovery of significant Medicare overpayment liabilities, supported by $39 million in DIP financing to facilitate a sale to CenterWell Senior Primary Care and ensure continuity of care for more than 55,000 patients.
Merit Street Media has filed for Chapter 11 bankruptcy following partner disputes, mounting distribution liabilities, and failed capital raises, supported by $21 million in DIP financing to pursue a section 363 sale and continue litigation against key counterparties.
The Roman Catholic Bishop of Fresno has filed for Chapter 11 bankruptcy to address more than 150 historical clergy abuse lawsuits, aiming to equitably compensate survivors while preserving core ministries.
Meyer Burger’s U.S. subsidiaries have filed for Chapter 11 bankruptcy as capital shortfalls, production setbacks, and lost 45X tax-credit revenues forced the shutdown of their Goodyear, AZ, facility, with an ad hoc bondholder group providing a $23 million DIP to fund an expedited asset sale.
Wolfspeed has filed for Chapter 11 bankruptcy amid liquidity pressures from uncertain CHIPS Act funding and upcoming note maturities, with a prepackaged plan to cut over $4.5 billion of debt.
At Home has filed for Chapter 11 bankruptcy amid weakening consumer demand, tariff-related cost pressures, and an unsustainable debt load from its 2021 buyout, with a lender-supported plan to restructure via a $600 million DIP and deleverage under a comprehensive RSA.
Charter School Capital (dba Grow Schools) has filed for Chapter 11 bankruptcy, citing a post-pandemic decline in financing demand, elevated real estate carrying costs, and a costly dispute with its majority shareholder, with plans to pursue a going-concern sale of its assets.
Sunnova has filed for Chapter 11 bankruptcy, citing elevated inflation, prolonged high interest rates, and policy uncertainty, with plans to sell assets and wind down operations.
Mosaic has filed for Chapter 11 bankruptcy amid elevated interest rates, uncertainty surrounding federal clean energy policy, and failed refinancing efforts, supported by a $45 million DIP from existing lenders to maintain operations and explore a dual-track reorganization or asset sale.
CSPRF 2 LLC Files Chapter 11 in District of Delaware
LifeScan Files Chapter 11 in Southern District of Texas
Kim Engineering Files Chapter 11 in District of Maryland
Maverick Gaming Files Chapter 11 in Southern District of Texas
26 Capital Acquisition Files Chapter 11 in District of Delaware
Outer Aisle Gourmet Files Chapter 11 in Central District of California
Minortico Realty Files Chapter 11 in Eastern District of New York
UFP Holding I Files Chapter 11 in Southern District of New York
Genesis HealthCare Files Chapter 11 in Northern District of Texas