Bankruptcy & Restructuring News & Analysis

Accuride Corporation has filed its Second Modified Amended Joint Plan of Reorganization in Delaware Bankruptcy Court, proposing a comprehensive restructuring that includes new financing arrangements, equity redistribution, and treatment of various creditor classes. The plan, supported by key stakeholders, outlines the company's path to emerging from Chapter 11 bankruptcy protection.

Franchise Group Inc. has filed its Fourth Amended Chapter 11 Plan in Delaware bankruptcy court, outlining a comprehensive restructuring strategy that includes both potential asset sales and debt-to-equity conversion mechanisms. The plan implements a recent settlement with creditors and establishes two litigation trusts to pursue claims post-emergence.