Bankruptcy & Restructuring News & Analysis — Conductor

Hospital Trustee Seeks Chapter 7 Conversion After $40 Million in Asset Sales and Settlements

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Chapter 11 Trustee for Beverly Community Hospital seeks conversion to Chapter 7 after recovering over $40 million through asset sales, settlements, and preference litigation since the nonprofit hospital's 2023 bankruptcy filing

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Texas Bankruptcy Court Draws Jurisdictional Lines in Post-Confirmation Lease Dispute

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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

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National Realty Liquidation Trustee Seeks Court Approval for $97 Million Real Estate Development Financing

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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

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Celebration Pointe Development Files Liquidation Plan as $200M Gainesville Project Seeks Exit from Bankruptcy

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Massive Florida mixed-use development proposes trust structure to maximize creditor recoveries amid $100M unsecured claim shortfall

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Mode Eleven Bancorp Seeks Court Approval for $2 Million Private Sale of Summit National Bank After Auction Winners Fail to Close

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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

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