Plastic producer Trinseo filed for Chapter 11 protection, as did oilfield and trucking services company Warrior Technologies and the developer of a 120-unit apartment complex in New Jersey.
Del Monte Foods, shipper STG and resort developer SilverRock Development won approval for their bankruptcy plans, while bitcoin ATM operator Bitcoin Depot and oilfield services provider Warrior Technologies entered Chapter 11. This is the week in bankruptcy.
First Brands will seek approval of its plan disclosure statement, Spirit Airlines will make a bid for postpetition financing, Bestar Inc. will seek recognition of its foreign insolvency as its primary bankruptcy proceeding, and Carbon Health will take its plan before a Texas judge for confirmation.
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Plastic producer Trinseo filed for Chapter 11 protection, as did oilfield and trucking services company Warrior Technologies and the developer of a 120-unit apartment complex in New Jersey.
Del Monte Foods, shipper STG and resort developer SilverRock Development won approval for their bankruptcy plans, while bitcoin ATM operator Bitcoin Depot and oilfield services provider Warrior Technologies entered Chapter 11. This is the week in bankruptcy.
First Brands will seek approval of its plan disclosure statement, Spirit Airlines will make a bid for postpetition financing, Bestar Inc. will seek recognition of its foreign insolvency as its primary bankruptcy proceeding, and Carbon Health will take its plan before a Texas judge for confirmation.
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May 27, 2026
A New York bankruptcy judge has rejected a bid to dismiss a New York City condo board's contentious Chapter 11 case, finding the board had been entitled to undertake such a proceeding at a meeting it held on the subject.
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May 27, 2026
A tax lawyer cannot use the Fifth Amendment to shield his U.S. financial records from liquidators appointed by an Australian court that hit his family's companies with a civil assessment of AU$100 million ($71.4 million) for a decades-long tax fraud, a New York bankruptcy court said.
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May 27, 2026
Goldstein & McClintock LLLP, a boutique restructuring, finance and corporate law firm has expanded with a new West Palm Beach, Florida, office as well as a series of additions.
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May 26, 2026
A cannabis growing business in California's Monterey County has launched a Chapter 7 case with between $10 million and $50 million of debt, less than six years after it abandoned an earlier bankruptcy.
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May 26, 2026
Unsecured creditors of the Roman Catholic Diocese of Oakland are urging a bankruptcy judge to disallow certain votes on the diocese's proposed Chapter 11 plan, saying they were cast in the wrong class by insiders like the diocese's parish churches and its bishop.
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May 26, 2026
The Delaware Chancery Court this past week handled a broad mix of cross-border corporate control disputes, merger settlements, startup equity fights, advancement claims and board oversight litigation, while also weighing fallout from high-profile deals involving Microsoft Corp., The Boeing Co. and Nikola Corp.
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May 26, 2026
The developer of a 120-unit residential complex in New Jersey known as The Cliffs has filed for Chapter 11 relief to prevent a forfeiture of its equity interests in the development.
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May 26, 2026
The U.S. Trustee's Office asked a Texas bankruptcy judge to reject battery recycler Ascend Elements Inc.'s proposed executive $500,000 bonus package, saying it inappropriately rewarded insiders merely for remaining with the company and it has grown stale.
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May 26, 2026
The U.S. Trustee's Office on Tuesday urged a Delaware bankruptcy judge to deny cryptocurrency company BlockFills' bid to take votes on its Chapter 11 plan, saying its plan contains third-party releases that violate a 2024 decision by the U.S. Supreme Court.
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May 22, 2026
This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars in settlements and verdicts for their clients, going up against powerful defendants like Google, Monsanto and the Trump administration, earning the attorneys recognition as Law360's Titans of the Plaintiffs Bar for 2026.
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May 22, 2026
Two Louisiana law firms and a group of politically connected attorneys engaged in a "shakedown" to steal about 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, alleged a RICO suit filed Thursday in Houston federal court.
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May 22, 2026
A Connecticut bankruptcy judge has allowed a Chapter 11 trustee to depose convicted and incarcerated securities fraudster Miles Guo ahead of several upcoming adversary proceeding trials in the Chinese exile's bankruptcy case.
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May 22, 2026
A Texas bank told a Florida bankruptcy court Friday it must toss a Chapter 11 trustee's adversary complaint accusing it of complicity in a $100 million theft of funds from a special needs nonprofit, arguing that it can't be held liable for the nonprofit's own wrongdoing.
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May 22, 2026
Norwalk, Connecticut-based shopping mall The SoNo Collection, which is part of national retail real estate giant GGP, is facing state foreclosure and receiver proceedings after defaulting on a $245 million loan.
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May 22, 2026
The U.S. has seen a spike in filings for Chapter 15 recognition of international restructuring proceedings in the first quarter of 2026, an increase that attorneys say reflects a growing number of companies keeping their main bankruptcy proceedings in their home countries.
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May 22, 2026
A Texas bankruptcy judge on Friday agreed to give interim approval to $9.5 million in new money debtor-in-possession financing for oilfield services company Warrior Technologies, minus a provision that would allow part of the loan to prime other lenders' debt, saying there had not been adequate notice.
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May 21, 2026
A panel for the Colorado Court of Appeals ruled that the Bank of Colorado does not have preferential treatment to a man's portion of his mother's trust fund, and that the lower court was wrong to find that claim preclusion applied because of a stay order in a bankruptcy case.
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May 21, 2026
A Delaware bankruptcy judge Thursday approved SilverRock Development's Chapter 11 plan after hearing the California property developer had reached a global agreement resolving objections to the sale of its land and the distribution of the proceeds.
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May 21, 2026
An Alabama hospital and Blue Cross Blue Shield crossed swords over whether the insurer's reimbursement rates were preventing the hospital's emergence from bankruptcy, a locomotive supplier can take $2 million in postpetition financing, and a ProPhase creditor urged a judge to place the debtor into Chapter 7 liquidation.
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May 21, 2026
Bankrupt data center operator RELLIS Campus Data and Research Center LLC filed proposed bidding and sale procedures late Wednesday in Texas bankruptcy court that envision a sale approval hearing by June 22.
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May 21, 2026
Warrior Technologies, a company that provides oilfield and trucking services, filed for Chapter 11 protection in Texas bankruptcy court on Thursday with about $38 million in secured debt, blaming its distress on a rise in fuel and insurance costs.
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May 21, 2026
A landlord of a bankrupt wind farm pile-maker appealed a decision by a New Jersey federal judge granting final approval to the debtor's postpetition financing package.
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May 21, 2026
Bankrupt home lending broker Impac Mortgage Holdings received final approval Wednesday for a $5 million loan in its Chapter 11 case as it pursues a restructuring of its debt.
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May 21, 2026
A former attorney with Clark Partington Hart Larry Bond & Stackhouse has moved his bankruptcy and creditors' rights cases and complex business litigation practice to Phelps Dunbar LLP's Pensacola, Florida, office.
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May 21, 2026
Furniture retailer American Signature Inc. has secured a Delaware bankruptcy judge's approval for the $7.2 million sale of its federal tariff refund claims, covering about 77% of tariffs it paid that were struck down by the U.S. Supreme Court.