April 17, 2026
A Texas bankruptcy judge Friday approved Ascend Elements' expedited timeline for a Chapter 11 auction, after the battery recycling firm reached consensus on reserving the rights of objecting parties.
April 16, 2026
A Texas bankruptcy judge said Thursday he was inclined to approve Ascend Elements' speedy schedule for a Chapter 11 auction in May but held off on making a ruling to let the battery recycling company continue discussions with objectors.
April 14, 2026
Liquidators for companies linked to a crypto scam network filed for Chapter 15 recognition, a battery recycler filed Chapter 11 with $143 million in debt, and a workforce housing developer began its own Chapter 11 involving more than $73 million in debt.
April 13, 2026
Battery recycling company Ascend Elements has filed a proposed bidding procedures motion in its Texas Chapter 11 case, seeking to hold a hearing for a sale of its assets by May 17.
April 10, 2026
Massachusetts-based battery recycler Ascend Elements has filed for Chapter 11 in Texas with upward of $143 million in debt, saying it is hard up on cash at its early stage of development and needs to reorganize to meet its long-term goals.