July 28, 2026
A century-old alcohol distributor filed for bankruptcy while pursuing an asset sale, subprime lender CashCall entered Chapter 11 after facing more than $400 million in legal judgments, and a Bitcoin miner filed for Chapter 11 amid mounting losses and plans to sell its assets.
July 27, 2026
TGI Fridays won approval of its Chapter 11 liquidation plan, Spirit Airlines secured approval for the $58.5 million sale of LaGuardia gate slots to JetBlue, and CashCall received interim approval for Chapter 11 financing. Meanwhile, one of SIMAD's summer camp sales faced opposition from camp-goers' parents and Akorn reached a settlement allowing its asset buyer an $18.5 million unsecured claim.
July 24, 2026
Subprime lender CashCall Inc. can tap into a roughly $4 million Chapter 11 financing package, a California bankruptcy judge said Friday after the lender, which is owned by the debtor's CEO, agreed to remove a lien on avoidance actions such as one the executive could still face.
July 21, 2026
CashCall Inc., a subprime lender that once made loans with interest rates exceeding 130%, has filed for Chapter 11 protection in a California bankruptcy court facing legal judgments that total more than $400 million.