March 30, 2026
Del Monte Foods has urged a New Jersey bankruptcy judge to deny a lender group's request to certify a settlement order for direct appeal to the Third Circuit, arguing that the group's challenge to the Chapter 11 deal should play out in district court instead.
March 18, 2026
Del Monte secured a New Jersey bankruptcy judge's permission Wednesday to take creditors' votes on a Chapter 11 plan that would wind down its remaining business, about a month after the canned food company won approval of deals to sell its assets.
March 11, 2026
A minority group of lenders to Del Monte Foods are objecting to the canned food giant's Chapter 11 plan disclosures, saying the disclosure is uninformative and the proposed plan hopelessly unfair to their interests.
March 06, 2026
A group of minority lenders to food producer Del Monte has appealed the green light a New Jersey bankruptcy judge gave to a creditor deal last month, weeks after arguing the agreement forfeited causes of action that could be worth more than $200 million.
February 09, 2026
Investment platform Linqto received approval for its liquidation plan, Del Monte scored approval for a $500 million asset sale and deal with its creditors, and a nursing home private equity investor hit Chapter 11 with more than $1 billion in debt. This was the week in bankruptcy.
February 06, 2026
A New Jersey bankruptcy judge approved a proposed creditor settlement Friday in the Chapter 11 case of canned food producer Del Monte, saying it was inextricably linked to a series of sale transactions he also approved that will garner nearly $500 million for the estate.
January 30, 2026
Talc producers Imerys Talc America and Cyprus Mines Corp. will seek confirmation of their joint Chapter 11 plan. Canned food producer Del Monte will find out whether its proposed Chapter 11 creditor settlement will be approved by a New Jersey bankruptcy court. Home solar panel financing company PosiGen will deal with creditor motions seeking appointment of a Chapter 11 trustee. Investment platform Linqto's proposed bankruptcy plan will be up for consideration.
January 29, 2026
Minority lenders opposing a proposed settlement among bankrupt food producer Del Monte, its majority secured lenders and unsecured creditors questioned the value of the deal Thursday in New Jersey bankruptcy court, saying certain causes of action being given up could be worth more than $200 million.
January 28, 2026
Canned food producer Del Monte told a New Jersey bankruptcy judge Wednesday a settlement it reached with groups of secured and unsecured creditors is the best way forward for the business to close on a sale of its assets and get a Chapter 11 plan confirmed.
January 26, 2026
A minority group of secured lenders of bankrupt fruit company Del Monte Foods Corp. said in a Friday adversary complaint that other lenders benefited from the company's Chapter 11 financing package without sharing those benefits as required by prepetition loan documents.