The Chapter 11 trustee for bankrupt personal injury law firm Munawar Law Group PLLC filed a reorganization plan and disclosure statement that would provide for repayment of three key secured creditors while allowing the firm to continue operating after confirmation.
Bankrupt talc miner Vanderbilt Minerals is set to undergo a plan disclosure hearing, a Texas judge is scheduled to take up discovery issues in Inspired Healthcare's bankruptcy, and a wine and liquor distributor is on the path to pursue confirmation of its Chapter 11 plan.
How did a California winery operated successfully by the same family since the 1850s find itself entering bankruptcy in September? The story of its path to Chapter 11 has notes of untimely expansion, pandemic pressures, changing consumer tastes and creditor discontent.