Bankruptcy & Restructuring News & Analysis
Large Case Plans and Disclosure Statements: October 25 to 31, 2026
Republic National Distributing's liquidating plan was confirmed over a general unsecured class that rejected it by 95.7% in amount, Stream TV went from confirmation hearing to effective date in three days, and the creditors' committee in The Dolphin Company case challenged a plan that pays its only voting class 0.14%
Large Case Asset Sales: October 25 to 31, 2026
Oaktree put a $92.5 million floor under RiverStreet's rural fiber network, DISH Wireless reopened its sale process without a stalking horse after EchoStar's bid was terminated, and a growing share of the week's docket activity concerned enforcing sales that courts had already approved
RiverStreet Communications: $480 Million Awarded, $188 Million Received
A member-owned telephone cooperative organized in 1951 took on one of the largest rural fiber deployments in the country, financed it against grant reimbursements that arrive only after construction is verified, and filed twenty-one Chapter 11 cases in Norfolk on October 21, 2026 with a stalking horse already in hand
Rad Power Bikes: 311 Days From Petition to Chapter 7
Summit Collective Incorporated entered Chapter 11 on December 15, 2025 with a going-concern sale already in motion, closed that sale in sixty-four days, and spent the following eight months winding down an estate whose last contested question was whether three officers could be paid in advance for work they had not yet performed
Republic National Distributing: The Kentucky and Michigan Joint Venture Sales
Two emergency motions ask the Court to authorize the Debtors' consent to sales by non-debtor joint ventures and to approve a $9 million settlement with the supplier of Tito's Handmade Vodka. The Debtors estimate approximately $50 million in combined net proceeds at or around closing