Bankruptcy & Restructuring News & Analysis
The Best of the Rest - More Pleadings Worth Reading from the Week of September 15-22, 2025
Details of four additional pleadings filed last week that caught our attention, with links to view the pleading including a copy of our new AI-powered summary attached.
Oakland Diocese Seeks to Dismiss Own Bankruptcy After $29 Million in Losses, Failed Settlement Talks
The Roman Catholic Bishop of Oakland filed a motion to dismiss its own Chapter 11 bankruptcy after suffering $29 million in losses and failing to reach settlement with sexual abuse survivors. The diocese's $165 million final offer would exceed all comparable diocesan bankruptcy recoveries but was rejected by 99% of abuse claimants
Pinstripes Entertainment Chain Files for Bankruptcy, Seeks Fast-Track Sale to Preserve 900 Jobs
Pinstripes Holdings Inc., the "eatertainment" chain combining Italian-American dining with bowling and bocce, filed for Chapter 11 bankruptcy seeking a fast-track sale to preserve 900 jobs. The company is pursuing a $16.6 million stalking horse bid from its largest creditor while operating just eight of its original 18 locations
Bankrupt Biologics Manufacturer Alachua Government Services Seeks Court Approval for Asset Sale
Bankrupt biologics manufacturer Alachua Government Services has filed for court approval to sell its Florida manufacturing facilities, including a 183,000-square-foot advanced development facility. The sale faces complications from approximately 800 pieces of government-owned equipment at the site, with an October 15 deadline to complete the transaction due to liquidity constraints
The Best of the Rest - More Pleadings Worth Reading from the Last Week
Details of four additional pleadings filed last week that caught our attention, with links to view the pleading including a copy of our new AI-powered summary attached.