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 ...
November 17, 2025 - Office Properties Income Trust, Broad Street Financial, SmartFi, Pine Gate Renewables, American Tire Distributors
Restructuring Report
7 minutes
1 month ago
November 17, 2025 - Office Properties Income Trust, Broad Street Financial, SmartFi, Pine Gate Renewables, American Tire Distributors
This episode covers key developments in five major restructuring and bankruptcy cases: Office Properties Income Trust moves to sell a vacant Tempe, Arizona office complex for $11 million to Opus Development, the only bidder willing to assume carrying costs and proceed without parking contingencies, as the company seeks to streamline operations in Chapter 11. First Brands Group’s affiliate Broad Street Financial faces a challenge from lender Aequum Capital, which seeks dismissal of its bankrup...
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 ...
