Bankruptcy & Restructuring News & Analysis — Conductor

Future claimants' representative joins motion to reconsider Red River Talc bankruptcy dismissal, arguing bankruptcy remains the only viable path for compensation of 50,000+ future illness victims. The filing suggests Johnson & Johnson is willing to amend its plan to address court concerns

23andMe Holding Co. has filed a motion in U.S. Bankruptcy Court seeking to extend bankruptcy protections to Canada, where it faces class action lawsuits following a cybersecurity breach affecting 7 million customers. The genetic testing company is asking the court to authorize its Chief Restructuring Officer to represent it in Canadian proceedings to halt ongoing litigation there

Village Roadshow secured a dramatically higher $417.5 million stalking horse bid from Alcon Media for its film library assets, representing a $52.5 million increase over the original offer in its bankruptcy proceedings. The improved bid emerged from a competitive process that demonstrates strong market interest in the company's valuable entertainment assets

Global Clean Energy Holdings has filed for Chapter 11 bankruptcy with a $2.1 billion pre-negotiated restructuring plan after facing years of construction delays at its Bakersfield renewable diesel facility and regulatory uncertainty in the biofuels market. Despite finally becoming operational in December 2024, the company's financial distress requires court protection to reorganize its debt while continuing its vertically integrated "farm-to-fuel" operations

Edgio Inc. has filed a motion in Delaware bankruptcy court seeking approval to dissolve its French and Dutch subsidiaries as it finalizes its restructuring following multiple asset sales. The company, which has already sold its core businesses, states these foreign entities no longer conduct business activities and are unnecessary for future operations of its remaining Uplynk platform