Bankruptcy & Restructuring News & Analysis — Conductor
Oklahoma Steel Pipe Manufacturer Paragon Industries Files Liquidation Plan Amid $77.7 Million Contested Claim
Oklahoma steel pipe manufacturer Paragon Industries filed an amended Chapter 11 liquidation plan as creditors challenge a $77.7 million claim
First Brands Group Reduces Cash Release Request to $18 Million in Compromise with Lenders
First Brands Group reduced its cash release request to $18.1 million from $65.3 million, reaching agreement with most factoring lenders while one lender continues to object
Hospital Trustee Seeks Chapter 7 Conversion After $40 Million in Asset Sales and Settlements
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
Texas Bankruptcy Court Draws Jurisdictional Lines in Post-Confirmation Lease Dispute
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
National Realty Liquidation Trustee Seeks Court Approval for $97 Million Real Estate Development Financing
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