Ascend Performance Materials Holdings Inc.

  1. April 28, 2025

    Imerys Ch. 11 Trial Abruptly Paused, Celsius Seeks Sanctions

    Talc producer Imerys is nearing Chapter 11 plan confirmation after a trial commenced; a plan administrator for Celsius moved to impose sanctions in another crypto firm’s bankruptcy; and Prospect Medical secured court approval to close two facilities.

  2. April 24, 2025

    Meet The Attys Helping Nylon Maker Ascend Through Ch. 11

    Ascend Performance Materials, a producer of heat-resistant nylon products, has hired attorneys from Bracewell LLP and Kirkland & Ellis LLP to see it through a Chapter 11 aimed at cutting down its funded debt.

  3. April 23, 2025

    Low Prices, Shipping Woes Sent Nylon Co. Ascend Into Ch. 11

    Long-term economic pressures, including overseas competition, and a series of major logistical setbacks prompted Ascend Performance Materials, one of the world's largest producers of nylon, to seek Chapter 11 protection in Texas this week.

  4. April 22, 2025

    Catching Up With New Bankruptcy Case Action

    A renewable diesel fuel refiner filed for bankruptcy to avoid creditor-on-creditor litigation and restructure its debts. The maker of specialized nylon products launched Chapter 11 proceedings after facing industry headwinds and operational disruptions. A startup developing therapies for treatment-resistant types of cancer is hoping to swap its debt for equity in bankruptcy.

  5. April 22, 2025

    Nylon Maker Ascend Gets OK For $650M In Ch. 11 Financing

    A Texas bankruptcy judge gave nylon maker Ascend Performance Materials interim permission to draw on $650 million in Chapter 11 financing as it set a course to confirm a restructuring plan by the end of summer.