This episode covers key developments in four major restructuring and bankruptcy cases: Artist & Craftsman Supply files for Chapter 11 in Maine just before the holidays, seeking court approval to continue operations, pay employees and vendors, and honor $715,000 in outstanding gift card balances to sustain its 18-store art and craft retail business. Luminar Technologies proposes a $110 million liquidation plan following its December bankruptcy filing, with a semiconductor subsidiary ...
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This episode covers key developments in four major restructuring and bankruptcy cases: Artist & Craftsman Supply files for Chapter 11 in Maine just before the holidays, seeking court approval to continue operations, pay employees and vendors, and honor $715,000 in outstanding gift card balances to sustain its 18-store art and craft retail business. Luminar Technologies proposes a $110 million liquidation plan following its December bankruptcy filing, with a semiconductor subsidiary ...
This episode breaks down key developments in the following restructuring cases: FTX Recovery Trust moves to cut $1.93B in disputed claims, potentially speeding up payouts to creditors.23andMe’s $305M asset sale approved despite privacy concerns over genetic data.CareerBuilder & Monster.com’s parent company files for Chapter 11 amid falling ad revenue and new competition.Higher Ground Education, the nation’s largest Montessori operator, enters bankruptcy after pandemic-driven losses.💡 From...
Restructuring Report
This episode covers key developments in four major restructuring and bankruptcy cases: Artist & Craftsman Supply files for Chapter 11 in Maine just before the holidays, seeking court approval to continue operations, pay employees and vendors, and honor $715,000 in outstanding gift card balances to sustain its 18-store art and craft retail business. Luminar Technologies proposes a $110 million liquidation plan following its December bankruptcy filing, with a semiconductor subsidiary ...
