Bankruptcy & Restructuring News & Analysis
Bankruptcy Panel Affirms Dismissal of Reno Real Estate Project, Rejects Challenge to $42 Million Refinancing Plan
Bankruptcy appeals panel affirms dismissal of Reno real estate development case, ruling the order did not violate Supreme Court precedent prohibiting structured dismissals that bypass creditor priority rules
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