Bankruptcy & Restructuring News & Analysis — Conductor
Landlord Seeks Official Creditors Committee in Cinema Chain's 'Small Business' Bankruptcy Case
MN Theaters argues that a Subchapter V trustee alone is insufficient protection for creditors in this case
Ligado Networks Seeks $547 Million DIP Amendment to Support Critical Spectrum Deal
Bankrupt satellite communications company Ligado Networks is seeking court approval for a $547 million DIP financing amendment to backstop a critical spectrum rights transaction with AST. The filing warns that failure to secure this financing could force the company into liquidation, highlighting the strategic importance of the deal to Ligado's restructuring efforts
Pet Services Platform Wag! Files for Prepackaged Bankruptcy, Secured Lender to Take Ownership
Under the proposed reorganization plan, Retriever LLC, which acquired Wag!'s debt from original lender Blue Torch Finance in April 2025, will receive 100% of the new common stock of the reorganized company and $5 million in new notes.
Meyer Burger Seeks Court Approval for $1.3 Million Solar Panel Sale to BayWa r.e. Solar Systems LLC
Meyer Burger (Holding) Corp. and affiliates have sought bankruptcy court approval for a $1.3 million private sale of residential solar panels to BayWa r.e. Solar Systems LLC. The proposed transaction involves approximately 9 MW of panels stored in Pennsylvania and reflects the company's efforts to monetize inventory and reduce storage costs following its recent bankruptcy filing
Archdiocese of New Orleans Seeks to Extend Mediator Appointments as Bankruptcy Resolution Advances
The Archdiocese of New Orleans is approaching resolution of its five-year bankruptcy case, filing a joint reorganization plan after reaching settlements with most insurers. The archdiocese seeks to extend mediator appointments to finalize the plan, with a confirmation hearing expected in November 2025