💥New Chapter 11 Bankruptcy Filing - Impac Mortgage Holdings, Inc.💥
Impac Mortgage Holdings and eleven affiliates filed a prepackaged Chapter 11 case in the District of Delaware on April 26, 2026 after years of strategic pivots and a steep headcount decline to 18 employees. The restructuring is driven by primary creditor Hildene Re SPC, Ltd., which will exchange its $76.4 million junior notes and a $24 million senior loan for 100% of the reorganized company’s equity. A $5 million DIP loan at 12% interest, including $3 million of new capital, will fund the bankruptcy. The plan seeks court confirmation by June 10 and emergence by June 25, 2026, with post‑petition revenue projected at $162 k against $884 k operating costs.
🚂New Chapter 11 Bankruptcy Filing - TRM NRE Holding LLC🚂
TRM NRE Holding LLC and its affiliate TRM NRE Acquisition LLC filed Chapter 11 bankruptcy in the Delaware District on April 21, 2026. The companies, which provide locomotive, marine and engine remanufacturing services, were acquired by TRM Equity Fund II in May 2023. Their filing...
💥New Chapter 11 Bankruptcy Filing - Ultinon Motion Holding B.V.💥
Ultinon Motion Holding B.V., a German‑based automotive lighting supplier, and two affiliates filed for Chapter 11 bankruptcy in the Southern District of Texas on March 26, 2026. The company, which operates under First Brands Group, LLC, commands roughly 20% of...
☀️New Chapter 11 Bankruptcy Filing - Freedom Forever LLC☀️
Freedom Forever LLC, a Temecula‑based residential solar EPC firm, filed for Chapter 11 in the Delaware district on April 15, 2026. The company, which once generated over $1 billion in annual revenue across 30+ states, entered bankruptcy with roughly $5 million in cash. CEO Brett...
😷New Chapter 11 Bankruptcy Filing - John Fitzgibbon Memorial Hospital Inc.😷
On April 21, 2026, John Fitzgibbon Memorial Hospital Inc. and its affiliate Fitzgibbon Health Services filed Chapter 11 bankruptcy in the Western District of Missouri. The hospital operates a 60‑bed acute‑care facility, while FHS runs the 99‑bed The Living Center...
💥New Chapter 11 Bankruptcy Filing - Finch Therapeutics Group, Inc.💥
Finch Therapeutics Group, Inc., a Boston‑based biotech founded in 2014, filed for Chapter 11 bankruptcy on March 22, 2026 in the District of Delaware. The petition includes three affiliated entities, consolidating the companies’ debts under a single restructuring case. The...
💥New Chapter 15 Bankruptcy Filing - Raízen S.A.💥
On March 12, 2026 Raízen S.A. and eight affiliated entities filed Chapter 15 bankruptcy cases in the Southern District of New York. The filing seeks U.S. court recognition of a Brazilian "recuperação extrajudicial" (EJ) process that the company initiated on...
✈️New Chapter 11 Bankruptcy Filing - Avenger Flight Group LLC✈️
The episode breaks down Avenger Flight Group LLC’s recent Chapter 11 filing, detailing its rapid expansion into a global network of flight simulators and the massive debt that financed that growth, including a $155 million term loan and various secured leases....
💥New Chapter 11 Bankruptcy Filing - Vanderbilt Minerals, LLC💥
The episode examines Vanderbilt Minerals, LLC’s recent Chapter 11 sale filing, tracing its roots back to the 1916-founded R.T. Vanderbilt Company and its evolution from paper clay mining to industrial talc production. It highlights the long‑standing regulatory challenges with OSHA...
💥New Chapter 11 Bankruptcy Filing - Carbon Health Technologies, Inc.💥
The episode details Carbon Health Technologies, Inc.'s pre‑arranged Chapter 11 filing in February 2026, outlining its rapid rise to a $3 billion valuation and subsequent collapse due to post‑pandemic revenue decline and tighter capital markets. It explains the company’s business model—an...