Bankruptcy & Restructuring News & Analysis — Conductor
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
Maine Art Supply Chain Artist & Craftsman Supply Files for Bankruptcy Protection Days Before Christmas
Maine-based Artist & Craftsman Supply files Chapter 11 bankruptcy on December 21, 2025, seeking to honor $715,000 in gift cards while restructuring $3.4 million in secured debt across its 18-store art supply retail chain
FlexShopper Files for Bankruptcy After Financial Issues, Improper Borrowing
FlexShopper, a fintech lease-to-own platform, filed for Chapter 11 bankruptcy after uncovering financial issues and over $140 million in overborrowing, with a pre-negotiated sale agreement already in place
Secured Creditor Seeks Emergency Conversion of Buddy Mac Holdings Bankruptcy to Liquidation
Secured creditor Phonix RBS LLC seeks emergency conversion of Buddy Mac Holdings' Chapter 11 bankruptcy to liquidation, alleging bad faith filing and operational failures including purchasing zero inventory in the second week of the case
Judge Confirms $230 Million Bankruptcy Plan for Archdiocese of New Orleans, Rejects Insurer's Objections
Federal bankruptcy court confirms $230 million reorganization plan for the Archdiocese of New Orleans, rejecting Travelers Insurance objections and establishing settlement trust for hundreds of clergy abuse survivors