Bankruptcy & Restructuring News & Analysis

The Delaware Bankruptcy Court has approved Tupperware Brands' plan to modify retiree benefits as part of its Chapter 11 liquidation process. The court ordered the establishment of a $275,000 settlement fund to provide health benefits to approximately 230 retirees until the funds are depleted, following the iconic food storage container maker's sale of substantially all assets in November 2024

Bitcoin miner Rhodium Encore seeks two-week extension of exclusivity periods following major settlement that secured full creditor recovery and $90M for equity holders. The brief delay aims to facilitate ongoing mediation among stakeholders fighting over the equity distribution