Bankruptcy & Restructuring News & Analysis — Conductor

RunItOneTime LLC, a casino operator with properties across Washington, Nevada, and Colorado, has filed for Chapter 11 bankruptcy protection and is now seeking court approval for procedures to sell its gaming assets. The company's proposed bidding process divides assets into three segments with an auction scheduled for September 19, while addressing potential conflicts with a former executive who intends to bid on certain properties

At Home Group Inc. has filed its proposed disclosure statement outlining a restructuring plan that would eliminate $1.62 billion in debt as the home décor retailer progresses through its Chapter 11 bankruptcy process that began in June

A bankruptcy judge has ruled in favor of Rite Aid in its multi-million dollar contract dispute with CVS Pharmacy over prescription data calculations. The decision by Judge Michael Kaplan of the New Jersey bankruptcy court hinged on the interpretation of two key provisions in asset purchase agreements, with the judge finding that CVS had previously accepted Rite Aid's calculation methodology without objection

LifeScan Global Corporation, maker of OneTouch diabetes monitoring products, has filed Chapter 11 with a prepackaged plan to eliminate $1.4 billion in debt. The company aims to reshape its capital structure and position itself to enter the continuous glucose monitoring market after struggling with the industry-wide shift away from traditional blood glucose monitoring technology

Boundless Broadband seeks bankruptcy court approval to sell its Vermont fiber network for $4.2 million to Selectronics Corporation in a private sale. The network, built during the pandemic with CARES Act funding, serves approximately 400 customers across three Vermont towns. The debtors argue the sale represents the best outcome after extensive marketing efforts dating back to 2023.