Bankruptcy & Restructuring News & Analysis — Conductor

Artstock d/b/a Artist & Craftsman Supply, a Maine-based independent art materials retailer founded in 1985, filed a Chapter 11 plan of reorganization projecting a 100% recovery for all creditors through a restructured 14-store operating model, while its liquidation analysis shows a Chapter 7 scenario would leave unsecured creditors with no recovery and the estate with a deficit of approximately $1,024,355.

Cyprus Mines Corporation received bankruptcy court approval on April 21, 2026 for a $3 million increase to its debtor-in-possession credit facility, bringing the aggregate DIP commitment to $83,672,370, as the Chapter 11 case approaches an April 30 plan confirmation deadline

BRD Land & Investment and two affiliates filed a joint liquidation plan in their Chapter 11 bankruptcy cases projecting a 16% recovery for general unsecured creditors — compared to an estimated 1-3% under a hypothetical Chapter 7 — through the orderly sale of approximately $50.8 million in appraised real property assets

Carbon Health Technologies seeks bankruptcy court authorization for a contingency $100 million credit bid sale of substantially all its assets to its DIP lender, filed as a backstop against the risk of administrative insolvency should escalating administrative costs exhaust available DIP financing before the debtors' reorganization plan can be confirmed

Office Properties Income Trust is heading into the final stretch of its Chapter 11 reorganization in Houston, with a confirmation hearing scheduled for April 22nd