Bankruptcy & Restructuring News & Analysis
F-Star Socorro Seeks $32 Million Replacement DIP Financing and Authority to Use Cash Collateral for Villa Completion
F-Star Socorro filed emergency motions seeking $32 million in replacement DIP financing from B.H. Capital Ventures and authority to use $4.2 million in cash collateral to complete Ritz-Carlton villa construction
Pioneering Nevada Solar Plant with Molten Salt Storage Files Second Bankruptcy After Equipment Failures Slash Production by Half
Tonopah Solar Energy filed its second Chapter 11 bankruptcy in six years after recurring equipment failures cut production at its pioneering molten-salt solar facility by nearly half, leaving it with $173 million in debt and no long-term power contract
Franciscan Friars Seek Emergency Asset Liquidation as California Bankruptcy Cash Runs Low
Franciscan Friars of California seeks court authorization to liquidate $800,000 in securities and access $465,564 in segregated funds as the organization projects cash depletion within two months in its bankruptcy case
Dallas Safety-Net Hospital Files Bankruptcy, Citing Seller Misrepresentations and Operational Disruptions
Dallas safety-net hospital White Rock Medical Center files Chapter 11 bankruptcy, alleging seller made misrepresentations and created operational disruptions
Georgia's Only Proton Therapy Center Files for Bankruptcy with $550 Million Debt, Emory University Positioned as Buyer
Georgia's only proton therapy center filed Chapter 11 bankruptcy with approximately $550 million in debt, securing Emory University as stalking horse bidder while seeking to maintain cancer treatment for over 1,000 patients annually