Covering Chapter 11 business reorganization, liquidation options, creditor negotiations, and how companies legally restructure or close when facing insolvency.
Getty Images Holdings, Inc. announced on October 12, 2026 that it plans to restructure through a prepackaged Chapter 11 bankruptcy, backed by up to $533 million in new equity from members of the Getty family and affiliates of Koch Equity Development. If completed, the company would go private. As of the announcement, the bankruptcy petition…
The Picklr, the indoor pickleball club franchisor, has entered Chapter 11 bankruptcy. Its parent company, Picklr, Inc., filed on October 9, 2026, and the related company Picklr Clubs, Inc. filed separately on October 10, 2026, both in the U.S. Bankruptcy Court for the Northern District of Texas under Subchapter V. The company has said clubs…
LIV Golf has secured a new financial commitment as it tries to survive Chapter 11 bankruptcy and return as a restructured league in 2027. But the headline $300 million figure needs context. Court filings show that BC Partners has made an initial $4 million participation, while the broader restructuring contemplates up to $300 million in…
True Food Kitchen and affiliated companies filed for Chapter 11 bankruptcy on October 4, 2026, in the U.S. Bankruptcy Court for the Southern District of Texas. The company closed 12 restaurants and says its remaining 34 restaurants across 14 states are open and serving guests. It plans a court-supervised sale process. Official case information: https://cases.stretto.com/FRCBalance…
Highlands Community Charter and Technical Schools, a Sacramento-area nonprofit that mainly serves adult students, filed for Chapter 11 bankruptcy on October 4, 2026, in the U.S. Bankruptcy Court for the Eastern District of California. It filed while disputing a California State Auditor finding that it received more than $180 million in K-12 funding it was…
A federal judge has dismissed Insight Terminal Solutions LLC’s lawsuit seeking at least $1 billion from the City of Oakland. But the reason matters: U.S. District Judge Benjamin B. Beaton ruled on September 30, 2026 that the bankruptcy court lacked subject-matter jurisdiction, vacated its earlier summary-judgment ruling and dismissed the case without prejudice. He did…
DISH TV and Sling TV’s operating companies emerged from Chapter 11 bankruptcy on October 1, 2026, after a court-approved restructuring cut their aggregate outstanding debt by about $4.35 billion. U.S. Bankruptcy Judge Christopher M. Lopez confirmed the DISH DBS plan on September 29, and EchoStar reported the emergence in a Form 8-K filed October 2….
What Is the October 16, 2026 Freedom Forever Deadline? Homeowners and other creditors with qualifying claims against Freedom Forever have until October 16, 2026 to file a proof of claim in the company’s Chapter 7 bankruptcy case. This includes customers who may be owed money because of unfinished work, deposits or other unpaid obligations. This…