Bankruptcy & Restructuring News & Analysis

Bankruptcy & Restructuring News Headlines for Friday Jan 17, 2025

January 17, 2025

Here are the bankruptcy, distressed debt and corporate restructuring stories that we are reading this morning, Friday Jan 17, 2025.

Bankruptcy & Restructuring News Headlines for Thursday Jan 16, 2025

January 16, 2025

Here are the bankruptcy, distressed debt and corporate restructuring stories that we are reading this morning, Thursday Jan 16, 2025.

Bankruptcy & Restructuring News Headlines for Wednesday Jan 15, 2025

January 15, 2025

Here are the bankruptcy, distressed debt and corporate restructuring stories that we are reading this morning, Wednesday Jan 15, 2025.

Vintage Wine Estates Files Disclosure Statement in Delaware Bankruptcy Case

January 14, 2025 • Conductor

Vintage Wine Estates has filed its disclosure statement in Delaware bankruptcy court, outlining a plan to consolidate 12 debtor entities and establish a liquidation trust. The plan projects 39% recovery for secured lenders and 5-8% for general unsecured creditors, following several successful asset sales to industry buyers.

Biotech Firm Biora Therapeutics Moves to Reject Service Contracts in Chapter 11

January 14, 2025 • Conductor

Biora Therapeutics, a San Diego biotech firm developing innovative oral drug delivery systems, has moved to reject seven service contracts in its Delaware bankruptcy case. The company, which filed Chapter 11 in December 2024, seeks to streamline operations while pursuing a sale of its assets. The targeted contracts include security systems, document storage, and facility maintenance services.