Case Summary: The Container Store Chapter 11
The Container Store Group, Inc. has filed for Chapter 11 amid declining sales, securing $40 million in financing under a TSA backed by 90% of its term lenders.
The Container Store Group, Inc. has filed for Chapter 11 amid declining sales, securing $40 million in financing under a TSA backed by 90% of its term lenders.
Party City Holdco Inc. filed for Chapter 11 to execute a wind-down and asset sale following liquidity constraints, declining sales, and unsuccessful capital-raising efforts.
Zurvita Holdings, Inc. filed for Chapter 11 to address financial and operational challenges through a strategic sale process.
RBX, Inc. and Humper Equipment LLC filed for Chapter 11 bankruptcy due to vehicle performance issues and repossessions, aiming to stabilize operations and reorganize.
Akoustis Technologies has filed for Chapter 11 bankruptcy following $59M legal judgment, aiming to facilitate a strategic asset sale.
First Mode Holdings has filed for Chapter 11 following a liquidity crisis triggered by Anglo American’s termination of key agreements, with plans to sell its assets through an expedited in-court process supported by a stalking horse bid from Cummins.
Hearthside Food Solutions has filed for Chapter 11 to address liquidity challenges stemming from inflation, declining demand, contractual constraints, and a $3.1 billion debt load while pursuing a comprehensive restructuring plan with key creditors.
Northvolt has filed for Chapter 11, citing liquidity pressures driven by scaling challenges, industry headwinds, and a failed restructuring effort, while seeking to stabilize operations and preserve its core battery production and R&D capabilities.
Spirit Airlines has filed for Chapter 11 bankruptcy, citing inflationary pressures, operational disruptions, and failed merger attempts, as it seeks to restructure its debt and realign its business model amid a challenging market environment.
A deep dive into Spirit Airlines' Chapter 11 filing.