Chapter 11

Bankrupt Spirit Air Rebuffs New Takeover Offer From Frontier

The company said it would continue to pursue a restructuring plan through bankruptcy but also “would be happy to consider” a revised bid.

January 29, 2025

Private Equity

Private Equity Faces Pockets of Distress for Long-Held Assets

More than 100 so-called continuation funds were raised between 2019 and 2021 to move portfolio companies from one private equity vehicle to new ones backed by fresh capital.

January 16, 2025

Food & Beverage

PE-Backed Snack Maker Hearthside Prepares to File for Bankruptcy

The talks come as Hearthside, which is owned by Charlesbank Capital Partners and Partners Group, needs to tackle $2 billion of debt maturing in 2025.

November 21, 2024

Financial services

Lenders Infighting Risks American Tire Distributors’ Bankruptcy

Some lenders, holding the same loan as the debtor-in-possession lenders, were excluded from participating the debtor-in-possession financing.

November 20, 2024

Retail

Sleep Number Merges With Sleep Country Canada Following Chapter 11 Filing

Sleep Number CEO Linda Findley called the company's capital structure "unsustainable" despite turnaround efforts.

June 12, 2026

Financial services

Fortress Investment Group Acquires Omni Agent Solutions

Omni Agent Solutions provides administrative services for Chapter 11 proceedings.

March 31, 2026

Retail

Authentic Brands-Backed Eddie Bauer Files for Bankruptcy

The bankruptcy pertains only to the retail operations and not the brand itself.

February 9, 2026

Retail

Saks Global Files for Bankruptcy Protection

The move comes just a year after a $2.7 billion merger brought Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus under one umbrella.

January 14, 2026

Retail

Hilco Global Solicits Bids for Rite Aid Brand and IP Assets

Rite Aid was once the third-largest drugstore chain in the U.S., with over 2,100 stores across 17 states.

October 20, 2025

Chapter 11

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