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.
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.
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
Fernandez P. Enterprise Files Chapter 11 in Southern District of Florida
Mosaic Companies Files Chapter 11 in District of Delaware
DriverTech Files Chapter 11 in District of Utah
Linda Flora D 1341 Files Chapter 11 in Central District of California
Linqto Files Chapter 11 in Southern District of Texas
Job.com Files Chapter 11 in District of Delaware