Bankruptcy & Restructuring News & Analysis
Texas Bankruptcy Court Draws Jurisdictional Lines in Post-Confirmation Lease Dispute
Texas bankruptcy court rules on scope of post-confirmation jurisdiction in Hearthside-LOF lease dispute, allowing claims related to plan confirmation to proceed while dismissing post-confirmation contractual enforcement claims
National Realty Liquidation Trustee Seeks Court Approval for $97 Million Real Estate Development Financing
National Realty's liquidation trustee seeks court approval for $97 million in real estate financing to develop three major properties, asking for clarification on governance authority that could enhance investor recoveries by tens of millions of dollars
Celebration Pointe Development Files Liquidation Plan as $200M Gainesville Project Seeks Exit from Bankruptcy
Massive Florida mixed-use development proposes trust structure to maximize creditor recoveries amid $100M unsecured claim shortfall
Mode Eleven Bancorp Seeks Court Approval for $2 Million Private Sale of Summit National Bank After Auction Winners Fail to Close
Mode Eleven Bancorp seeks bankruptcy court approval for $2 million private sale of Summit National Bank after two previously approved bidders failed to close, with the bank facing imminent receivership risk
Luminar Technologies Files Disclosure Statement for Chapter 11 Liquidation Plan, Proposes $110 Million Sale of Semiconductor Subsidiary
LiDAR technology company Luminar Technologies filed a disclosure statement for its Chapter 11 liquidation plan, proposing a sale of its semiconductor subsidiary, while creditors face a waterfall distribution structure