Tag

Chapter 11

All articles tagged with #chapter 11

nation-and-world8 days ago•33 min saved

Keto ice cream rebel brand Rebel Creamery files for bankruptcy after packaging ruling

Rebel Creamery, the keto ice cream brand sold at Kroger, Walmart and Target, has filed for Chapter 11 bankruptcy after losing a $23.8 million court battle over the design of its ice cream containers and trade dress to rival Van Leeuwen. The bankruptcy filing shows about $13.78 million in assets and $23.85 million in liabilities, with Van Leeuwen’s $23.785 million judgment tied to Rebel’s profits from the infringing pints.

via WKRC|

#chapter-11 #nation-and-world #packaging-infringement

business8 days ago•2 min saved

Rebel Creamery Enters Chapter 11 Amid Van Leeuwen Packaging Dispute

Rebel Creamery filed for Chapter 11 bankruptcy amid a trade-dress dispute with rival Van Leeuwen, which claims nearly $24 million in profits from Rebel. A federal judge previously ruled Rebel infringed and diluted Van Leeuwen's packaging and ordered a redesign, with Rebel appealing the ruling. Van Leeuwen had sought around $36 million, later reduced to just under $24 million. The bankruptcy filing lists the claim as disputed and under appeal; Rebel markets keto-friendly ice cream and operates nationwide retailers and parlor locations.

via USA Today|

#bankruptcy #business #chapter-11

business20 days ago•4 min saved

Salad and Go Shuts All Stores as Chapter 11 Filing Triggers Closure

Salad and Go filed for Chapter 11 bankruptcy and will permanently close all 70 drive-thru locations, with final guest service on Aug. 5, 2026, citing sustained demand pressures, rising costs, and industry challenges (including a July Cyclospora outbreak). Founded in Gilbert in 2013, the chain served over 60 million meals, with some Texas and Oklahoma locations already closed.

via FOX 10 Phoenix|

#bankruptcy #business #chapter-11

business22 days ago•6 min saved

HughesNet Declares Chapter 11 as Starlink Reshapes Satellite Internet

HughesNet’s parent EchoStar filed for Chapter 11 bankruptcy after subscriber losses to Starlink, saying it will continue serving customers during restructuring while shifting focus toward enterprise, government, and defense markets. About 400 of its 1,275 employees will be laid off as the company reorganizes debt and reduces cash burn, with leadership changes including appointing a chief restructuring officer to guide the plan.

via PCMag|

#business #chapter-11 #echostar

business22 days ago•2 min saved

Hughes Files Chapter 11 to Reshape Capital Structure and Pivot to Enterprise, Government, and Defense Markets

Hughes Satellite Systems and certain U.S. subsidiaries filed voluntary Chapter 11 petitions to reorganize debt, strengthen its capital structure, and accelerate a shift toward an enterprise, government, and defense focus while continuing to serve customers; EchoStar and Hughes’ international subsidiaries are not part of the filing, and the company intends to seek ordinary-course court approvals and engage creditors to develop a go-forward plan.

via EchoStar|

#business #capital-structure #chapter-11

business1 month ago•16 min saved

Dish Network Begins Chapter 11 Through Pre-Packaged Turnaround

Dish DBS, the satellite-TV operator now a unit of EchoStar, filed for Chapter 11 in Houston in a pre-packaged restructuring backed by about 88% of its bondholders. EchoStar says the move won't affect brands, customers, or operations and expects Dish to emerge from bankruptcy in the July–September quarter. The filing follows heavy debt (roughly $25 billion) and delays around a $20 billion spectrum sale to AT&T that helped trigger the process, as Dish continues its pivot toward wireless amid regulatory spectrum concerns.

via Deadline|

#bankruptcy #business #chapter-11

tech1 month ago•28 min saved

Dish heads to Chapter 11 as 5G spectrum sale stalls

Dish, the EchoStar-backed operator of Dish TV and Sling TV, filed for Chapter 11 bankruptcy to wind down its wireless operations after delays in selling about $23 billion worth of 5G spectrum to AT&T and SpaceX; Boost Mobile and Gen Mobile are excluded and will keep operating, with Dish aiming to emerge from bankruptcy by the end of Q3 2026.

via The Verge|

#5g-spectrum #bankruptcy #chapter-11

business1 month ago•3 min saved

EchoStar's Dish DBS Targets Chapter 11 Amid Debt Overhang and Cord-Cutting Pressures

EchoStar Corp.’s Dish DBS is moving toward a Chapter 11 filing to restructure roughly $25 billion of debt as traditional pay-TV subscribers fall away and regulatory scrutiny of its wireless spectrum weighs on its strategy; the pre‑arranged plan aims to deleverage while allowing Dish Network, Sling TV and Boost Mobile to operate normally, backed by creditor support for an expedited process—minimizing immediate customer disruption while potentially reshaping the competitive telecom/media landscape.

via | Cord Cutters News|

#bankruptcy #business #chapter-11

business1 month ago•5 min saved

Dish DBS Enters Chapter 11, Winds Down Dish Wireless in Prepackaged Restructuring

Dish DBS Corp and affiliates filed Chapter 11 in Texas under a prepackaged restructuring, winding down the Dish Wireless unit while Echostar and other operations (Boost Mobile, Gen Mobile, Hughes, Dish Network and Sling TV) continue normally; the plan, backed by most noteholders, aims to accelerate debt repayment and give Echostar greater flexibility after the previously announced spectrum sale to AT&T/SpaceX, which remains unsettled. The wireless shutdown is tied to an FCC escrow of about $2.4 billion to address claims, with creditors' claims handled through the bankruptcy process, and Dish targeting emergence by the end of Q3.

via TheDesk.net|

#bankruptcy #business #chapter-11

business2 months ago•3 min saved

Camp Mystic seeks Chapter 11 protection as flood-related lawsuits loom

Camp Mystic, the Texas camp linked to the Guadalupe River flood that killed 28 people (25 campers, 2 counselors, and the owner), filed for Chapter 11 bankruptcy in the Southern District of Texas. The move triggers an automatic stay on lawsuits while a reorganization proceeds, with claims likely to be resolved through a bankruptcy trust funded by insurance and camp assets. The case involves more than $10 million in debt from 1,000–5,000 creditors, with assets ranging from $1 million to $10 million (and varying assets for related entities). The camp remains closed and is under state investigations, complicating any chance of a quick reopening and potentially delaying ongoing litigation for families seeking justice.

via KUT|

#bankruptcy #business #camp-mystic

us-news2 months ago•395 min saved

Camp Mystic files Chapter 11 after deadly Texas floods

Camp Mystic, an all‑girls Christian summer camp in Texas Hill Country, filed for Chapter 11 bankruptcy, reporting debts of $10–$50 million and assets of $1–$10 million, nearly a year after catastrophic floods killed 28 camp linked residents and at least 136 people region‑wide. The filing follows a state investigation faulting the camp’s emergency planning and evacuations; the camp had already withdrawn its plan to reopen after a heated legislative hearing. Families of victims are pursuing damages beyond $1 million, and the bankruptcy process could pause those suits and route them into the court system. Co‑owner Richard Eastland died in the floods, and camper Cecilia Steward remains missing.

via NBC News|

#bankruptcy #camp-mystic #chapter-11

business2 months ago•4 min saved

Camp Mystic Files Chapter 11 Protection After Texas Flood Tragedy

Camp Mystic, the Kerr County girls’ camp where 28 people died in July 2025 floods, filed for Chapter 11 bankruptcy in the Southern District of Texas, reporting debts over $10 million. The filing lists Camp Mystic LLC with Edward Eastland as manager and includes three affiliated entities, estimating 1,000–5,000 creditors, assets between $1 million and $10 million, and liabilities between $10 million and $50 million, in what has been labeled a complex case. The bankruptcy follows a Texas Legislature investigation that found the camp lacked an emergency plan and mishandled reunification, with the camp closing amid backlash and licensing hurdles rather than reopening this summer.

via USA Today|

#bankruptcy #business #camp-mystic

business2 months ago•2 min saved

Sleep Number Files Chapter 11, Plans Sale to Sleep Country Canada

Sleep Number filed for Chapter 11 bankruptcy in New York with about $672 million in debt, blaming inflation, tariffs and supply-chain disruptions; it plans a sale to Sleep Country Canada to create a leading North American mattress retailer, with stores, deliveries and warranties continuing during restructuring. The move follows a Q1 2026 net loss of $50 million on $319 million in net sales, and the company has about 2,920 employees across 572 stores.

via USA Today|

#acquisition #bankruptcy #business

business2 months ago•13 min saved

West Marine trims footprint as five WA stores set to close amid bankruptcy

West Marine is closing five Washington locations (Bellingham, Bremerton, Everett, Spokane, and Port Townsend) after filing for Chapter 11 bankruptcy, part of a broader plan to reduce debt and stabilize operations. The retailer will shutter 59 stores nationwide butcontinue operating in about 200, with online and West Marine Pro App support. The company aims to emerge from Chapter 11 by August 20, subject to court approvals and milestones including a potential June auction.

via MyNorthwest.com|

#bankruptcy #business #chapter-11

business3 months ago•3 min saved

LIV Golf weighs Chapter 11 as funding drought sparks US relocation talk

LIV Golf is reportedly preparing to file for Chapter 11 bankruptcy in the United States if it cannot secure new funding after Saudi Arabia’s Public Investment Fund ends its support post-2026; the tour is weighing a relocation of its headquarters to the U.S. to exploit more favorable bankruptcy laws while it seeks alternative investors, following billions invested by the PIF to lure top players.

via New York Post|

#bankruptcy #business #chapter-11