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

15 March, 2025

Case Summary: MOM Investcos Chapter 11

MOM Investcos filed for Chapter 11 bankruptcy following an arbitration dispute over alleged mismanagement and unauthorized transactions, escalating loan defaults, and severe liquidity challenges.

By Bondoro

14 March, 2025

Case Summary: Landmark Hospitals Chapter 11

Landmark has filed for Chapter 11 bankruptcy, citing rising labor costs and stagnant reimbursement rates, and aims to market its assets while sustaining operations.

By Bondoro

13 March, 2025

Case Summary: Mitel Chapter 11

Mitel has filed for Chapter 11 bankruptcy to cut roughly $1.15 billion in debt under a prepackaged plan amid competitive pressure from cloud-based rivals.

By Bondoro

10 March, 2025

Case Summary: On The Border Mexican Grill & Cantina Chapter 11

On The Border has filed for Chapter 11 bankruptcy, citing macroeconomic challenges, labor shortages, and costly leases from underperforming locations, with plans to sell assets.

By Bondoro

7 March, 2025

Case Summary: Remember Me Senior Care Chapter 11

Remember Me Senior Care has filed for Chapter 11 bankruptcy following the alleged unauthorized issuance of debt and misappropriation of funds by a former member.

By Bondoro

6 March, 2025

Case Summary: Cutera Chapter 11

Cutera has filed for Chapter 11 bankruptcy to eliminate $400 million in debt amid operational setbacks, intensifying competition, and the loss of a key distribution partnership.

By Bondoro

5 March, 2025

Case Summary: Azzur Group Chapter 11

Azzur Group has filed for Chapter 11 bankruptcy following underperformance of its pandemic-era Cleanrooms on Demand expansion, with plans to sell assets in bankruptcy.

By Bondoro