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April 17, 2026
QVC told a Texas bankruptcy judge Friday the home shopping television company wants to get its Chapter 11 debt swap plan confirmed by late May and emerge from the insolvency process within 90 days, as it seeks to cut $5 billion of liabilities from its balance sheet.
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April 17, 2026
Solar company Freedom Forever told a Delaware bankruptcy judge Friday that missed payments that mounted after the passage of the federal budget reconciliation bill last year were largely the cause of its Chapter 11 filing this week.
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April 17, 2026
Purdue Pharma will undergo an omnibus hearing and get criminally sentenced, Office Properties Income Trust will seek plan confirmation and Spirit will vie for the all-clear to take a vote on its own plan.
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April 17, 2026
A Pennsylvania federal judge agreed to step aside from a criminal case involving a man accused of threatening to kill judges after the man pointed out that the jurist had presided over a related bankruptcy matter.
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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.
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April 17, 2026
Two commercial real estate law firms headed by Mark J. Nussbaum filed for Chapter 11 protection in New York, listing at least $353 million in disputed unsecured claims tied to the firms' hard money lending practices that have been described in litigation as a Ponzi scheme.
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April 16, 2026
Satellite company Inmarsat appealed an order escrowing settlement funds, the U.S. trustee balked at an Eddie Bauer retail operator's plan releases to no avail, and a New York bankruptcy judge approved a brain scan equipment maker for post-petition financing.
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April 16, 2026
Apollo, Ares, BlackRock and other financial giants are colluding to block Optimum Communications Inc. from negotiating a debt refinancing to avert bankruptcy, acting as a "cartel" and locking Optimum out of credit markets, Optimum said in a brief opposing the investors' bid to dismiss its antitrust suit in New York.
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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.
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April 16, 2026
The U.S. Trustee's Office has appointed an ombudsman to oversee the care of thousands of residents of retirement homes owned by bankrupt private equity investor Inspired Healthcare Capital.
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April 16, 2026
A New Jersey bankruptcy judge on Thursday confirmed Multi-Color Corp.'s reorganization plan less than three months after the label-maker sought Chapter 11 protection, allowing the company to slash $3.9 billion in debt and raise $889 million in new capital.
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April 16, 2026
A New Jersey bankruptcy judge said Thursday she would confirm the Chapter 11 liquidation plan from a company operating Eddie Bauer retail stores, following a settlement last month between the debtor and its lenders and creditors.
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April 16, 2026
QVC Group Inc., the owner of pioneering home shopping television networks, filed for Chapter 11 protection in Texas on Thursday to slash about 80% of its $6.6 billion of debt, after turnaround efforts that cut jobs and launched live events on TikTok have failed to fully offset weakening consumer sentiment, the impact of tariffs and the yearslong slide of cable television.
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April 15, 2026
A New York bankruptcy judge Wednesday declined to stop a sale of telecommunications company Oi's equity stake in a Latin American fiber internet provider, finding it wasn't the role of a Chapter 15 judge to issue such a decision and acknowledging that the parties may return to U.S. courts once the sale is consummated.
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April 15, 2026
A Chapter 7 malpractice suit brought by the trustee of fintech company GloriFi asserting $1.7 billion in damages from a failed initial public offering mostly survived a motion to dismiss late Tuesday, with a Texas bankruptcy judge saying the trustee sufficiently pled breach claims against law firm Winston & Strawn.
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April 15, 2026
A Delaware bankruptcy judge who oversaw cases such as the insolvencies of crypto supernova FTX and Irish pharmaceutical company Mallinckrodt has died "following a courageous battle with cancer," the court said Wednesday. Friends and colleagues, paying tribute, highlighted and mourned a brave, clever and dynamic man.
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April 15, 2026
Multi-Color Corp. told a New Jersey bankruptcy judge Wednesday it had reached a settlement with creditors that resolves almost all objections to a Chapter 11 plan that would let the label maker eliminate $3.9 billion in debt and preserve thousands of jobs.
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April 15, 2026
A Texas bankruptcy judge Wednesday approved radio giant Cumulus Media's $592 million debt-for-equity Chapter 11 plan, overruling arguments from the U.S. Trustee's Office that the plan's third-party claims releases were nonconsensual.
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April 15, 2026
A Delaware bankruptcy judge has denied a Russian billionaire's bid to dismiss the Chapter 11 case of biotechnology investment company Apple Tree Life Sciences Inc. but said she would allow a winding-up proceeding the venture capital firm launched in the Cayman Islands to play out simultaneously.
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April 15, 2026
California-based home solar panel installer Freedom Forever filed for Chapter 11 protection in Delaware bankruptcy court Wednesday with more than $500 million in debt, including $114 million owed to residential solar panel financing firm Mosaic.
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April 14, 2026
The U.S. Trustee's Office asked a New York bankruptcy judge to reject Spirit Airlines' bid to take a Chapter 11 plan to a vote, saying the debtor's disclosure statement regarding the plan is too thin.
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April 14, 2026
Lenders and unsecured creditors to Inspired Healthcare Capital have told a Texas bankruptcy court it is too soon in the senior-living facility group's Chapter 11 case to appoint a mediator, arguing its mandatory mediation proposal could bind creditors' rights.
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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.
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April 14, 2026
Saks Global Enterprises LLC on Tuesday secured a Texas bankruptcy judge's approval to sell a company jet for $6 million in the luxury retailer's Chapter 11 case.
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April 14, 2026
Pharmacy services provider Omnicare's choice of a $250 million stalking horse bid for its assets was approved Tuesday by a Texas bankruptcy judge, setting up a possible auction in May.