Restructuring Report

Stretto
  • 0.0 (0)
  • Business News

Stretto’s Restructuring Report is a podcast featuring notable stories curated by professionals, and powered by Stretto Intelligence. Join us each week for highlights, updates, and news impacting restructuring professionals.  Dig deeper into research and analysis online, using Research Suite by Stretto, now enhanced by AI to make it easier for professionals to find, review, and understand information that matters most.  Visit researchsuite.stretto.com to learn more.

  1. 2d ago

    July 13, 2026 - Bed Bath & Beyond, Serta Simmons Bedding, Pacifica Hospital of the Valley, Central Falls Detention Facility Corporation

    This episode covers key developments in four major restructuring and bankruptcy cases: Central Falls Detention Facility Corporation, operator of Rhode Island’s Donald W. Wyatt Detention Facility, files a prearranged Chapter 11 to restructure more than $167 million in bond debt, using Chapter 11 rather than Chapter 9 to reduce bond principal by approximately 60% while resolving long-running litigation and ransomware-related claims. A Texas bankruptcy court issues a landmark $261 million damages ruling in the Serta Simmons Bedding uptier litigation, holding that participating lenders breached the credit agreement’s pro rata sharing provisions and awarding excluded lenders the face value of the benefits received, plus six years of statutory interest. Pacifica Hospital of the Valley, a California safety-net hospital serving predominantly low-income patients, files for Chapter 11 amid a dispute over the ownership of its $35 million Main Street Lending Program loan, raising novel questions about loan assignments while seeking to preserve critical healthcare services. And the Second Circuit delivers a significant decision for distressed investors, ruling that properly drafted ownership blockers can shield investors from short-swing profit liability under federal securities law, rejecting claims tied to more than $300 million in trading profits generated during Bed Bath & Beyond’s final capital raise. 💡 From public-sector restructurings and lender liability to healthcare finance and distressed investing, this episode explores how courts are defining the boundaries of bankruptcy, contract rights, and securities law in some of the year's most consequential cases. Thank you for listening! Visit researchsuite.stretto.com for more information. Follow us on LinkedIn.

  2. Jul 6

    July 6, 2026 - DISH D.B.S. Corporation, Ninth Circuit Bankruptcy Appellate Panel, TPx Communications, Genesis Healthcare

    This episode covers key developments in four major restructuring and bankruptcy cases: DISH D.B.S. Corporation files a dual-track Chapter 11 that separates its Pay-TV and wireless businesses, combining a prepackaged plan to reduce $9.75 billion in debt with a Section 363 sale of its 5G network. The restructuring follows multibillion-dollar spectrum sales and establishes a $2.4 billion trust to resolve network-related claims. The Ninth Circuit Bankruptcy Appellate Panel issues a significant ruling holding that a general partner’s management rights survive a bankruptcy filing, concluding that state laws automatically stripping those rights are unenforceable ipso facto provisions preempted by the Bankruptcy Code. TPx Communications enters Chapter 11 with a pre-negotiated plan to eliminate approximately $971 million in funded debt, while preserving operations through either a lender-backed reorganization or a Section 363 sale. The case also raises governance questions as an independent committee investigates transactions involving the company's controlling shareholder and largest junior creditor. And a Texas bankruptcy court rejects a minority partner’s attempt to enforce a right of first refusal in the Genesis Healthcare sale, holding that the partner failed to properly exercise its contractual option and reinforcing the Bankruptcy Code’s limitations on restraints to asset transfers. 💡 From multibillion-dollar telecom restructurings and landmark appellate rulings to governance conflicts and healthcare sale disputes, this episode explores how Chapter 11 continues to shape the balance between creditor rights, contractual protections, and enterprise value. Thank you for listening! Visit researchsuite.stretto.com for more information. Follow us on LinkedIn.

  3. Jun 22

    June 22, 2026 - A&P, iSun, Freedom Forever

    This episode covers key developments in three major restructuring and bankruptcy cases: In the long-running A&P bankruptcy, a New York court issues a series of rulings that reduce a $68 million preference recovery effort to just $3.3 million, drawing a sharp line between routine commercial payments protected by Bankruptcy Code defenses and transfers tainted by creditor pressure, altered payment methods, or stay violations. A Delaware bankruptcy court enforces a Section 363 sale order in the iSun case, rejecting an attempt to invalidate a solar asset sale based on a missing signature page and reaffirming that sale orders and purchase agreements must be interpreted as a unified transaction rather than through isolated drafting errors. And Freedom Forever, one of the nation’s largest residential solar installers, seeks approval for an accelerated “Project Sunshine” sale process, racing against tax credit deadlines, debt maturities, and the potential erosion of its dealer network as it markets the business without a stalking horse bidder. 💡 From preference litigation and contract interpretation to distressed renewable energy transactions, this episode examines how courts are balancing procedural rigor, asset value preservation, and creditor recoveries in some of today’s most closely watched Chapter 11 cases. Thank you for listening! Visit researchsuite.stretto.com for more information. Follow us on LinkedIn.

  4. Jun 15

    June 15, 2026 - Sleep Number Corporation, Simply Interior Homes, GoHealth

    This episode covers key developments in three major restructuring and bankruptcy cases: Sleep Number Corporation files for Chapter 11 with a stalking horse bid of $415 million, launching an expedited sale process that leaves a $257.5 million shortfall against secured debt and raises immediate challenges from the U.S. Trustee over roll-up financing, critical-vendor payments, and the absence of value for unsecured creditors. Simply Interior Homes, a wholesale home textiles company formed through a private-equity-backed carve-out, enters Chapter 11 less than two years after its creation, alleging it was launched with inadequate working capital, unsellable inventory, and operational deficiencies that led to lost retail programs and a collapse in projected revenue. The case now centers on a dual-track sale and liquidation process, with potential litigation claims serving as the primary source of recovery for unsecured creditors. And GoHealth files a prepackaged Chapter 11 wind-down, converting from a once-high-growth Medicare Advantage marketplace into a long-term vehicle focused on collecting insurance commission streams. The plan is supported by all prepetition lenders and targets emergence within forty days, while preserving value from assets that would likely generate minimal recoveries in a Chapter 7 liquidation. 💡 From retail and consumer products to healthcare technology, this episode explores how companies facing operational disruption, overleveraged balance sheets, and shrinking markets are using Chapter 11 to maximize value through asset sales, litigation recoveries, and structured wind-downs. Thank you for listening! Visit researchsuite.stretto.com for more information. Follow us on LinkedIn.

  5. Jun 8

    June 8, 2026 - Inotiv, GoldenPeaks Pland Holding

    This episode covers key developments in two major restructuring and bankruptcy cases: Inotiv, a global contract research organization serving the pharmaceutical and biomedical research industries, files a prepackaged Chapter 11 designed to eliminate approximately $325 million in funded debt. Backed by overwhelming creditor support, the plan converts debt into equity, preserves more than $300 million in tax attributes, and utilizes a unique DIP-to-exit financing structure that replaces cash repayment with long-term debt in the reorganized company. GoldenPeaks Poland Holding, one of Eastern Europe’s largest solar power operators, brings a complex cross-border restructuring to the Southern District of Texas. With approximately $952 million in funded debt, severe liquidity constraints, and a sprawling portfolio of hundreds of solar projects, the company seeks $162.8 million in DIP financing from Brookfield while pursuing a sale or plan-based exit on an accelerated timeline. 💡 From life sciences and pharmaceutical research to utility-scale renewable energy, this episode explores how companies are using innovative financing structures, creditor-backed restructurings, and cross-border Chapter 11 strategies to address mounting debt burdens and operational challenges. Thank you for listening! Visit researchsuite.stretto.com for more information. Follow us on LinkedIn.

  6. Jun 1

    June 1, 2026 - Miyoshi America, Spirit Airlines, Trinseo

    This episode covers key developments in three major restructuring and bankruptcy cases: Miyoshi America advances what it describes as a first-of-its-kind prepackaged talc bankruptcy plan, using Section 524(g) to channel present and future talc claims into a trust funded primarily by its Japanese parent, with more than 99% support from voting talc claimants and no nonconsensual third-party releases. Spirit Airlines seeks approval of bidding procedures to auction its remaining assets following the cessation of flight operations, including valuable LaGuardia slots, its corporate campus, flight simulators, spare engines, and the Free Spirit loyalty program, setting the stage for a multi-track sale process designed to maximize recoveries. And Trinseo, a global specialty chemicals manufacturer, files a prepackaged Chapter 11 backed by creditors holding roughly 78% of its funded debt, aiming to eliminate approximately $2 billion in debt, fund a $450 million equity rights offering, and emerge with general unsecured creditors paid in full despite an expected confirmation fight from a holdout creditor group. 💡 From innovative mass-tort restructuring strategies and airline asset auctions to multibillion-dollar balance sheet overhauls, this episode examines how companies are using Chapter 11 to address complex liabilities, monetize assets, and reshape capital structures in an increasingly challenging economic environment. Thank you for listening! Visit researchsuite.stretto.com for more information. Follow us on LinkedIn.

  7. May 25

    May 25, 2026 - Bitcoin Depot, West Marine, North Star Health Alliance, Barrow Shaver Resources

    This episode covers key developments in four major restructuring and bankruptcy cases: Bitcoin Depot, the largest Bitcoin ATM operator in North America, files for Chapter 11 in Houston with plans to wind down operations and sell substantially all assets after identity-verification requirements triggered a dramatic collapse in transaction volume and profitability amid mounting regulatory scrutiny and litigation. West Marine, the boating and watersports retailer operating more than 200 stores nationwide, enters a dual-track Chapter 11 process aimed at either a lender-backed recapitalization or a full asset sale, with the company targeting emergence within 95 days while seeking to reduce debt by more than $300 million. In New York, North Star Health Alliance, a rural nonprofit healthcare system, seeks approval for up to $60 million in state-backed financing to preserve hospital operations and avoid closure of critical healthcare facilities serving two large counties in the North Country. And a Houston bankruptcy court issues a split ruling over geologist royalty interests in the Barrow Shaver Resources case, finding that consulting agreements failed under the Texas statute of frauds while simultaneously recognizing equitable interests that may place disputed royalty proceeds outside the bankruptcy estate. 💡 From cryptocurrency kiosks and retail restructurings to rural healthcare financing and complex oil-and-gas royalty disputes, this episode explores how operational shocks, legal uncertainty, and liquidity pressures continue to shape outcomes across the Chapter 11 landscape. Thank you for listening! Visit researchsuite.stretto.com for more information. Follow us on LinkedIn.

  8. May 18

    May 18, 2026 - Spanish Broadcasting System, YesCare Corp., Nied Ownership, National Railway Equipment Company

    This episode covers key developments in four major restructuring and bankruptcy cases: Spanish Broadcasting System, the Spanish-language media company behind Mega TV and La Musica, files a pre-packaged Chapter 11 to restructure approximately $310 million in secured notes, with noteholders set to take ownership of the reorganized company through a debt-for-equity exchange. YesCare Corp. and affiliated correctional healthcare providers enter Chapter 11 after a $307 million jury verdict triggered contract terminations representing more than $350 million in annual revenue, leaving the company unable to meet payroll obligations and facing substantial litigation exposure. A secured creditor moves to dismiss the Nied Ownership bankruptcy as a bad-faith filing, arguing the Central Florida real estate holding company sought Chapter 11 protection just days before a scheduled foreclosure auction tied to a heavily distressed property portfolio carrying more than $457 million in mortgage debt. And National Railway Equipment Company, operating under T.R.M. N.R.E. Holding, seeks approval of a $3 million junior DIP financing facility from its own equity sponsor as the company warns it could exhaust liquidity within weeks while pursuing a restructuring under strict case milestones. 💡 From media restructurings and correctional healthcare fallout to distressed real estate and insider-backed DIP financing, this episode examines how litigation shocks, governance pressures, and capital constraints continue to shape the evolving Chapter 11 landscape. Thank you for listening! Visit researchsuite.stretto.com for more information. Follow us on LinkedIn.

See All (38)

About

Stretto’s Restructuring Report is a podcast featuring notable stories curated by professionals, and powered by Stretto Intelligence. Join us each week for highlights, updates, and news impacting restructuring professionals.  Dig deeper into research and analysis online, using Research Suite by Stretto, now enhanced by AI to make it easier for professionals to find, review, and understand information that matters most.  Visit researchsuite.stretto.com to learn more.

Information

  • Creator
    Stretto
  • Years Active
    2025 - 2026
  • Episodes
    38
  • Rating
    Clean
  • Copyright
    © 2026 Stretto
  • Show Website
    Restructuring Report

You Might Also Like