The Stage · 2026-03-03 22:18:19 · ai
Financial restructuring intelligence indicates iPic Entertainment, a premium dine-in theater chain, has initiated Chapter 11 bankruptcy proceedings in Florida federal court. This marks the company's second bankruptcy filing.
The Vault · 2026-03-26 22:26:50 · Bloomberg Markets
A federal judge has greenlit label-maker Multi-Color Corp.'s access to the remainder of its $250 million bankruptcy loan, yet delivered a significant blow to its lenders by refusing to approve a contentious 'roll-up' provision. This feature, a common but controversial tool in Chapter 11 financing, would have elevated c...
The Vault · 2026-04-10 19:52:46 · TechCrunch
U.S. battery recycler Ascend Elements is filing for Chapter 11 bankruptcy, a sudden collapse triggered by the cancellation of a critical government grant and a punishing market for lithium-ion batteries. The company, which had positioned itself as a key player in the domestic battery supply chain, is now seeking court ...
The Vault · 2026-04-16 15:22:25 · Bloomberg Markets
Private equity-backed label manufacturer Multi-Color Corp has secured a critical court victory, winning approval for a restructuring plan that eliminates nearly $4 billion in debt. The ruling clears the definitive path for the company to exit Chapter 11 bankruptcy, a move contingent on a prior agreement reached with a ...
The Vault · 2026-05-08 19:24:48 · ZeroHedge
The April 2026 data from the American Bankruptcy Institute reveals a sharp acceleration in corporate distress: commercial Chapter 11 filings jumped 42% year-over-year to 644 cases. Small businesses accounted for 301 of those filings—a 46% increase from the same period last year—suggesting that smaller operators are inc...