Bankruptcy & Restructuring News & Analysis

A seasonal horticultural distributor and sixteen affiliates filed on August 18, 2026 carrying not less than $299,456,012.99 of term debt. The debtors seek an asset-based financing facility of up to $55 million from their existing revolving lenders, and are running a going-concern sale, an inventory liquidation and a real estate program at the same time

Sixty tort claimants challenged one provision of a $30 million financing order and nothing else. The district court held that the appeal was statutorily moot in its entirety, choosing the Ninth Circuit's approach to section 364(e) over the Eleventh Circuit's and predicting the Fifth Circuit would do the same

Twenty-four days into the case, the counterparty owed more than $407 million in FERC-ordered disgorgement asked the court to displace management, citing federal regulatory findings that predate the petition and an insider financing package that would encumber the estates' currently unencumbered assets

A prenegotiated Chapter 11 that would channel 367 active talc personal injury cases into a trust funded by a guaranteed $25 million contribution from non-debtor affiliates, together with assigned insurance rights, real estate proceeds, and causes of action

The Maryland bankruptcy court rejected both competing disclosure statements in the Roman Catholic Archbishop of Baltimore case, finding each plan patently unconfirmable and pushing a confirmation hearing that was three years in the making off its schedule