Bankruptcy & Restructuring News & Analysis — Conductor
TPI Composites Seeks Emergency Approval for GE Agreements as Cash Dwindles
The company needs court approval by November 24 to access production-based bonus payments and secure specialized materials for 2026 manufacturing. The DIP Lenders, Senior Secured Lenders, and Creditors' Committee have all consented to the emergency relief
US Realm Powder River Seeks Court Approval for $300 Sale With Over $150 Million in Creditor Claim Waivers
The transaction's value is substantially enhanced by a Sale Support Agreement under which creditors will waive and release more than $150 million in unpaid post-petition expenses plus additional pre-petition claims against the debtors
Hansen-Mueller Co. Seeks $700,000 Employee Incentive Package to Navigate Grain Business Liquidation
The company argues specialized grain industry knowledge among its 27 key employees is critical to maximizing asset values during the liquidation process
Delaware Bankruptcy Court Denies Administrative Expense Priority for Landlord's $125,000 Cleanup Claim in American Tire Distributors Case
A Delaware bankruptcy judge denied a landlord's $125,000 administrative priority claim for cleanup costs in the American Tire Distributors bankruptcy, ruling the expenses constitute rejection damages rather than administrative expenses. The court also dismissed the landlord's separate claim against the asset purchaser for lack of jurisdiction.
Pine Gate Renewables Seeks Court Approval for Three-Way Solar Asset Sale With December Auction
Pine Gate Renewables filed an emergency motion seeking court approval of bidding procedures for a three-way solar asset sale featuring stalking horse bids totaling $1.4-1.5 billion from existing lenders. The proposed expedited process includes a December 17 auction with strict qualification requirements for competing bidders