A farming operation sought Chapter 15 recognition of its Canadian insolvency, a software company entered Chapter 11 with plans to sell its business to a lender, and a kitchen design firm began a Chapter 7 liquidation.
Small-business issues, artificial intelligence and economic concerns were among the range of topics discussed by lawyers, judges and other bankruptcy professionals at the American Bankruptcy Institute's annual spring meeting in Washington last week.
Hawaii Brewery Development Co., a water bottling company and brewery, ended up in small business bankruptcy proceedings after a power struggle with a creditor that was seeking to gain control of a company that Hawaii Brewery was trying to evict from its land.
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A farming operation sought Chapter 15 recognition of its Canadian insolvency, a software company entered Chapter 11 with plans to sell its business to a lender, and a kitchen design firm began a Chapter 7 liquidation.
Small-business issues, artificial intelligence and economic concerns were among the range of topics discussed by lawyers, judges and other bankruptcy professionals at the American Bankruptcy Institute's annual spring meeting in Washington last week.
Hawaii Brewery Development Co., a water bottling company and brewery, ended up in small business bankruptcy proceedings after a power struggle with a creditor that was seeking to gain control of a company that Hawaii Brewery was trying to evict from its land.
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April 28, 2026
A Delaware bankruptcy judge on Tuesday allowed bankrupt home lending broker Impac Mortgage to continue to control the sale of its stock after hearing that millions of dollars in transactions took place despite an emergency order he entered Monday to restrict trading.
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April 28, 2026
As New Fortress Energy, which is headquartered in New York, is seeking to restructure more than $5 billion in debt in the U.K., bankruptcy experts are watching whether the costs of Chapter 11 and the U.S. Supreme Court's decision barring nonconsensual third-party releases are driving debtors to file elsewhere.
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April 28, 2026
Miyoshi America Inc., a supplier of cosmetics ingredients, filed for bankruptcy protection in Texas on Monday with a preapproved Chapter 11 plan aimed at putting to rest asbestos-related personal injury litigation with a $20 million trust.
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April 28, 2026
A Delaware judge Tuesday agreed to convert the bankruptcy of charity financial technology group Flipcause to a Chapter 7 liquidation after its Chapter 11 trustee sold its assets and reached a settlement with creditors.
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April 28, 2026
FreshRealm Inc., the exclusive meal supplier for Blue Apron, has filed for Chapter 11 in New Jersey, with plans to divest its Blue Apron contract and sell the rest of its business after it took a hit from listeria-related recalls of some of its dishes.
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April 28, 2026
St. Augustine's University, one of the nation's oldest historically Black colleges and universities, has filed for Chapter 11 protection in North Carolina bankruptcy court with up to $100 million in liabilities, nearly a year after losing its accreditation.
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April 28, 2026
Delaware's Court of Chancery has added a former attorney for the U.S. Trustee's Office to serve as a magistrate judge to adjudicate corporate dissolutions, wind-downs and other matters.
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April 27, 2026
A landlord of a bankrupt wind farm pile-maker has lodged an objection to the debtor's proposed Chapter 11 financing, arguing it was insider financing that would improperly roll up unsecured debt.
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April 27, 2026
Wiser Solutions, a software company that collects data from retailers, has filed for Chapter 11 protection in Texas bankruptcy court with about $563 million in debt and plans to sell its business to its main lender.
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April 27, 2026
Bankrupt home lending broker Impac Mortgage Holdings Inc. received emergency approval on Monday to restrict trading of its stock in order to protect as much as $1.4 billion in tax attributes, which are its most valuable assets, as it pursues a 60-day reorganization track.
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April 27, 2026
A Texas bankruptcy judge declined to order an immediate conversion of the Chapter 11 cases of two debtors that mine and process sand for fracking, but said she would wait to rule on bidding procedures and additional debtor-in-possession financing until more documents are filed.
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April 27, 2026
Wren US Holdings Inc., a kitchen design firm based in the northeastern United States, has filed for Chapter 7 liquidation in Delaware, citing between $100 million and $500 million each of assets and liabilities.
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April 27, 2026
The Onion struck a new licensing deal allowing it to run Infowars, Sullivan & Cromwell told a New York court that it identified artificial intelligence "hallucinations" in a motion it had filed in a Chapter 15 case, and Meyer Burger received approval for its Chapter 11 plan.
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April 27, 2026
Attorneys from McCarter & English LLP, Womble Bond Dickinson and Georgiou Partnership LLP who represent a U.S.-based swimming pool parts manufacturer won an additional $1.3 million in attorney fees for their efforts to collect a more than $17 million judgment against a Chinese rival.
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April 27, 2026
The U.S. Supreme Court on Monday declined to review the conviction of Live Well Financial founder Michael Hild for inducing lenders to extend credit by jacking up bond valuations to increase its debt and borrow against it.
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April 24, 2026
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including an alluring source of capital for real estate investment trusts, how competition for skilled workers may hamper data center development, and Blackstone Inc.'s take on the first quarter of the year.
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April 24, 2026
U.S. District Judge Jed Rakoff has tossed securities fraud claims against cryptocurrency exchange Coinbase brought by investors in a digital asset that tracked the native token of the now-failed Terraform blockchain ecosystem.
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April 24, 2026
A Ninth Circuit panel declined Friday to resurrect a Washington developer's lawsuit accusing Whatcom County officials of violating its constitutional rights by scaling back a housing development plan, concluding that the firm hasn't shown a protected stake in the property that it offloaded during Chapter 11 bankruptcy proceedings.
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April 24, 2026
A New York bankruptcy judge will consider whether the state's attorney general should be a creditor in a Roman Catholic diocese's Chapter 11, Purdue Pharma will receive its criminal sentence, and Saks Global Enterprises LLC will seek court approval of a plan disclosure statement.
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April 24, 2026
A trio of professional firms that advised oil service company Nine Energy in its speedy Texas Chapter 11 defended fee applications seeking a total of $5.7 million, saying a creditor's objections are too general and lack standing.
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April 24, 2026
Fox Rothschild LLP gained a former longtime Riker Danzig LLP partner in its financial restructuring and bankruptcy department with experience in complex restructurings, corporate trust matters and more, the firm announced this week.
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April 24, 2026
A London judge ruled Friday that a former director and co-founder of a video production company breached his duties to it by diverting business and misusing company information to run a competitor.
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April 24, 2026
Kirkland & Ellis LLP announced this week that it has hired the head of Wachtell Lipton Rosen & Katz's finance and restructuring practices, calling him a "leader in the field of liability management."
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April 23, 2026
The Delaware Chancery Court has recommended dismissing a former Honeywell executive's bid to force the company to cover his legal bills tied to Russian proceedings, finding that he failed to follow key contractual steps required to trigger such payments.
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April 23, 2026
Bankrupt dine-in movie theater chain iPic Theaters LLC has received a $6 million offer for its assets from Cinemex, a competitor aiming to supplant stalking horse bidder Star Grill Cinema Inc.