May 14, 2025
Indoor farming upstart Plenty Unlimited Inc. secured a Texas bankruptcy judge's blessing Wednesday on a plan to leave Chapter 11 and renew efforts to expand its strawberry-growing facility in Richmond, Virginia, after settling numerous issues with creditors, its landlord and others.
May 08, 2025
Newly bankrupt Rite Aid was let off the hook for multidistrict litigation over a blood pressure medication, thanks to discharges from its previous, now-closed Chapter 11. Strawberry grower Driscoll's took exception to a vertical farmer's bid to sell one of its master services agreements. And trucking company Yellow Corp. asked to conduct yet another asset sale.
March 25, 2025
23andMe Holding Co. entered Chapter 11 to sell its business and address $214 million in debt; Danimer Scientific Inc., which makes plastics alternatives, entered Chapter 11 to wind down while it tends to its roughly $450 million debt burden; and sneaker shop Soleply began a streamlined bankruptcy for small businesses in an effort to exit some lease obligations and restructure its debt.