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Bankruptcy 15 December 2025 - 14 June 2026

West Marine bankruptcy widens with 59 stores to close, exec bonuses face questions

West Marine bankruptcy widens with 59 stores to close, exec bonuses face questions

West Marine’s bankruptcy case is moving ahead as court filings list 59 stores that will close, and new reports say senior management got retention bonuses right before the company went into Chapter 11. The Fort Lauderdale retailer filed for bankruptcy on May 17 in Delaware, with a restructuring deal already in place with big lenders and equity owners. West Marine is closing stores in 23 states, Powerboat News reported, citing court papers from June 1. Florida is losing eight stores, Michigan six, and California and Washington five each. Maine’s two locations—in Portland and Southwest Harbor—are also shutting down, which means West Marine will have no stores left in the state.
14 June 2026
West Marine to Shut 59 Stores Amid Bankruptcy; Execs Got Bonuses

West Marine to Shut 59 Stores Amid Bankruptcy; Execs Got Bonuses

West Marine’s bankruptcy is drawing new attention after the retailer said it will shut down 59 stores. According to court filings, insiders got bonuses ahead of the Chapter 11 move. West Marine filed for Chapter 11 on May 17 in the U.S. Bankruptcy Court for the District of Delaware, saying it had a restructuring support deal with key lenders and equity owners. West Marine is shutting stores in 23 states, Powerboat News reported, citing court filings from June 1. Florida gets the hardest hit with eight closures, Michigan loses six, and both California and Washington will each see five stores go. Both Maine stores—Portland and Southwest Harbor—are listed for closure, so Maine will have none left.
12 June 2026
Inotiv Shares Jump After Bankruptcy, But Filing Warns On Loss

Inotiv Shares Jump After Bankruptcy, But Filing Warns On Loss

Inotiv Inc. shares jumped more than 100% Friday, with the penny stock seeing heavy trading despite a warning that its restructuring plan might wipe out current holders. Shares were at $0.2113, up $0.1247, after trading in a wide range from $0.0801 to $0.2969. About 828.8 million shares changed hands. Inotiv filed for Chapter 11 two days ago, starting a bankruptcy process that lets it keep running as it works to sort out debts. What’s different with this filing is that the plan isn’t just about refinancing. If the court signs off, creditors will get ownership and Inotiv will go private.
5 June 2026
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Wren Kitchens Collapse: Customers Chase Refunds As U.S. Arm Files Chapter 7

Wren Kitchens Collapse: Customers Chase Refunds As U.S. Arm Files Chapter 7

Wilmington, Delaware, April 27, 2026, 13:02 EDT Wren Kitchens’ U.S. parent has filed for Chapter 7 bankruptcy liquidation in Delaware, following the rapid closure of its American showrooms and in-store studios—a move that pushes the retailer into a formal court-led wind-down. Under Chapter 7, a debtor’s nonexempt assets are sold off, and the money is handed out to creditors.
27 April 2026
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Eddie Bauer bankruptcy: liquidation sales begin as 180-store operator seeks buyer

Eddie Bauer bankruptcy: liquidation sales begin as 180-store operator seeks buyer

Eddie Bauer’s store operator has filed for Chapter 11 bankruptcy in New Jersey, kicking off liquidation sales at roughly 180 stores across the U.S. and Canada as it tries to find a buyer. According to court documents, debt stands at around $1.7 billion, with a court-approved sale deadline set for March 12. The implications of the filing stretch beyond just one label. Eddie Bauer announced it has secured a restructuring support agreement with its secured lenders—a move aimed at locking in creditor approval—as it works on a “going concern” sale, which might let a buyer keep parts of the chain up and running. Its e-commerce and wholesale segments aren’t expected to pause; those will stay active under Outdoor 5, which operates them separately under license.
10 February 2026
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Eddie Bauer Canada faces store sale and liquidation as bankruptcy process spreads north

Eddie Bauer Canada faces store sale and liquidation as bankruptcy process spreads north

Eddie Bauer’s store operator says it has filed for bankruptcy protection in the United States and now plans to seek similar court protection in Canada. The company is hunting for a buyer, with liquidation sales starting as stores continue to operate on both sides of the border. This shift is significant right now: the Canadian presence isn’t big, and it could vanish quickly if the sale doesn’t go through. For mall owners, suppliers, and regulars, a court-ordered process might mean markdowns right away—and then, before long, just closed gates.
9 February 2026
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Saks pulls plug on “Saks on Amazon” as luxury e-commerce bet unravels in bankruptcy

Saks pulls plug on “Saks on Amazon” as luxury e-commerce bet unravels in bankruptcy

Amazon confirmed its luxury storefront will continue without Saks Fifth Avenue. This comes as bankrupt Saks Global begins dismantling the “Saks on Amazon” collaboration. https://www.retaildive.com/news/amazon-luxury-storefront-saks/811148/ The split is significant because it strikes at two key challenges simultaneously: Amazon’s ongoing push to boost its high-end fashion sales and Saks’ bid to steady its operations amid Chapter 11 bankruptcy, which allows firms to continue running while reorganizing their debt.
4 February 2026
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Fatburger owner FAT Brands files Chapter 11 bankruptcy, pulling Twin Peaks parent Twin Hospitality into court

Fatburger owner FAT Brands files Chapter 11 bankruptcy, pulling Twin Peaks parent Twin Hospitality into court

FAT Brands, the parent company of Fatburger and Johnny Rockets, filed for Chapter 11 bankruptcy protection in Houston late Monday. Its affiliate, Twin Hospitality Group—which owns Twin Peaks and Smokey Bones—also made the filing. Chapter 11 lets U.S. companies reorganize their debt without shutting down. These filings highlight franchise-heavy chains that loaded up on debt but now face pressure from rising costs and falling casual dining sales.
28 January 2026
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Tailwind Air files for Chapter 11 as NYC–Boston seaplane operator lists up to $10M in liabilities

Tailwind Air files for Chapter 11 as NYC–Boston seaplane operator lists up to $10M in liabilities

ALEXANDRIA, Va., Jan 19, 2026, 17:59 EST Tailwind Air, a U.S. seaplane and charter operator known for a short-lived Manhattan-to-Boston shuttle, has filed for Chapter 11 bankruptcy protection in Virginia, court records show. Two affiliated companies, Tailwind Air, LLC and Tailwind Air Service, LLC, reported estimated assets of $0 to $50,000 and liabilities of about $1 million to $10 million, and said they had 50 to 99 creditors.
20 January 2026
Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global, which owns Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy protection late Tuesday. This marks one of the largest U.S. retail failures since the pandemic. Chapter 11 allows the company to continue operating under court oversight while it works on restructuring its debt. The bankruptcy follows Saks missing a $100 million interest payment due on Dec. 30, connected to the 2024 Neiman Marcus acquisition. This has intensified pressure on vendor ties and slowed merchandise delivery to stores. “They borrowed a lot more money than they should have for a company that isn’t growing,” said Tim Hynes, global head of credit research at Debtwire.
14 January 2026
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Saks Global bankruptcy filing: Saks Fifth Avenue and Neiman Marcus seek Chapter 11 with $1.75 billion lifeline

Saks Global bankruptcy filing: Saks Fifth Avenue and Neiman Marcus seek Chapter 11 with $1.75 billion lifeline

Saks Global filed for Chapter 11 bankruptcy protection in Texas late on Tuesday, seeking to keep its Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus businesses running while it restructures under court supervision. The company said it had secured a $1.75 billion financing package to support operations through the process. https://www.reuters.com/business/retail-consumer/saks-global-files-bankruptcy-after-neiman-marcus-takeover-leads-financial-2026-01-14/ The filing lands as luxury demand has cooled and financing costs have stayed high, leaving debt-heavy retailers with little room for mistakes. A drawn-out case risks jolting the supply chain for designers and beauty brands that still lean on department stores to move volume.
14 January 2026
U.S. bankruptcies hit a 15-year high as Trump tariffs and high rates squeeze companies

U.S. bankruptcies hit a 15-year high as Trump tariffs and high rates squeeze companies

U.S. corporate bankruptcies have climbed to a 15-year high in 2025, with at least 717 companies filing through November as tariffs and higher borrowing costs strained cash flow and demand. The Washington Post+1 The jump matters because it is showing up across a wide range of industries, rather than concentrating in one troubled sector, and it is starting to hit smaller firms and households as well. That mix can pressure jobs, suppliers and lenders as the year closes. The Washington Post+1
29 December 2025
Hooters Singapore Is Closing: Clarke Quay Outlet to Shut Jan. 31, 2026 as Brand Rebuilds After Bankruptcy and “Wrong Wing Sauce” Revelation

Hooters Singapore Is Closing: Clarke Quay Outlet to Shut Jan. 31, 2026 as Brand Rebuilds After Bankruptcy and “Wrong Wing Sauce” Revelation

Hooters’ long-running Clarke Quay restaurant—its first and last remaining outlet in Singapore—will close on Jan. 31, 2026, ending a three-decade run on the Singapore River that began in the mid-1990s. Mothership For locals, it’s a nostalgia-soaked footnote in the city’s ever-changing nightlife and dining map. For the brand globally, it lands in the middle of a high-stakes reset: in the U.S., Hooters has been navigating bankruptcy, a founder-backed takeover, store closures, and a back-to-basics campaign that the company’s new leadership has framed as a return to the chain’s original identity—right down to the recipe in its signature wing sauce. Reuters+2Nation's Restaurant News+2
28 December 2025
Reliance Infrastructure Trading Restricted Under IBC Stage 1 on Dec 22, 2025; Reliance Power Slides as Investors Seek Clarity

Reliance Infrastructure Trading Restricted Under IBC Stage 1 on Dec 22, 2025; Reliance Power Slides as Investors Seek Clarity

Mumbai: A sudden trading restriction on Reliance Infrastructure Ltd. on Monday, December 22, 2025, triggered confusion among retail investors and rippled through other Anil Ambani-group counters—most notably Reliance Power Ltd., which slid sharply in early trade amid concerns about liquidity and exit options. Lokmat Times+2Zerodha+2 The episode has quickly become one of the most talked-about market developments of the day because it combines three ingredients that typically amplify volatility: a widely-held retail stock, a constrained trading mechanism, and legal/regulatory overhang tied to the Insolvency and Bankruptcy Code. Lokmat Times+2Zerodha+2
22 December 2025
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Luminar Technologies (LAZR) Stock: Chapter 11 Sale Process, $110M Photonics Deal, and Nasdaq Delisting Countdown (Dec. 22, 2025)

Luminar Technologies (LAZR) Stock: Chapter 11 Sale Process, $110M Photonics Deal, and Nasdaq Delisting Countdown (Dec. 22, 2025)

Updated for Dec. 22, 2025 — Luminar Technologies, Inc. is in the middle of a court-supervised restructuring that has turned the stock into a high-volatility, headline-driven trade. The company filed for Chapter 11 bankruptcy on Dec. 15, lined up a $110 million all-cash deal to sell its photonics subsidiary, and is now facing an imminent Nasdaq delisting—while the share price whipsaws on extraordinary volume. Luminar Technologies, Inc.+2Luminar Technologies, Inc.+2 What matters for investors on Dec. 22 isn’t a typical earnings “beat or miss.” It’s the bankruptcy timeline, the auction process, and the harsh reality of capital structure math: in most Chapter 11 cases, common equity sits at the bottom of the stack, and the company itself has warned that trading prices during the case may have little relationship to any eventual recovery for shareholders. Luminar Technologies, Inc.+1
22 December 2025
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iRobot Stock (IRBT) Plunges After Chapter 11 Bankruptcy Filing: Picea Deal, Nasdaq Delisting Date, and Investor Outlook (Dec. 16, 2025)

iRobot Stock (IRBT) Plunges After Chapter 11 Bankruptcy Filing: Picea Deal, Nasdaq Delisting Date, and Investor Outlook (Dec. 16, 2025)

iRobot Corporation — the company that turned “Roomba” into a household verb — is now at the center of a market event investors don’t forget: a pre-packaged Chapter 11 bankruptcy process paired with a deal that hands ownership to its lender and key supplier, Shenzhen PICEA Robotics. The headline is simple, but the implications for iRobot stock are brutal: Nasdaq trading is set to be suspended on December 22, 2025, and the company has warned that common stockholders are expected to receive no recovery if the plan is approved. SEC+1 As of Dec. 16, 2025, IRBT is trading like a “restructuring equity” story — the kind where the real action is in court documents and creditor agreements, not product launches. Here’s what happened, what’s been reported today, what the company and regulators have actually filed, and what the most realistic “forecast” looks like from here.
16 December 2025
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Colabor Group (TSX: GCL) Warns It May Seek Creditor Protection After Refinancing Deadline Missed

Colabor Group (TSX: GCL) Warns It May Seek Creditor Protection After Refinancing Deadline Missed

SAINT‑BRUNO‑DE‑MONTARVILLE, Quebec — December 15, 2025 — Colabor Group Inc., a Quebec-based food distributor that supplies restaurants, hotels, institutions and retailers, says it is weighing creditor-protection options after it failed to deliver the refinancing commitments its lenders required by December 15—a setback that immediately rattled markets and reignited concerns about the company’s ability to stay afloat. GlobeNewswire+1 In a corporate update released Monday morning, Colabor said it has not provided—and does not expect to be able to provide—non-binding letters of intent that would satisfy its senior lenders and Investissement Québec for a refinancing package, including an equity raise of at least $15 million. The company also warned that, if no strategic alternative materializes, its operations could be “seriously affected,” and it is considering “all available alternatives,” including seeking protection under applicable creditor-protection laws. GlobeNewswire
15 December 2025
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iRobot Bankruptcy: Roomba Maker Files for Chapter 11, Picea Robotics to Acquire and Take Company Private

iRobot Bankruptcy: Roomba Maker Files for Chapter 11, Picea Robotics to Acquire and Take Company Private

December 15, 2025 — iRobot, the Massachusetts-based company behind the Roomba robot vacuum, has filed for Chapter 11 bankruptcy protection in the United States and struck a deal that will hand ownership to its primary contract manufacturer and secured lender, Shenzhen PICEA Robotics. The company says it expects no interruption to Roomba devices, app services, customer programs, or product support as the court-supervised restructuring plays out. Reuters+2iRobot MediaKit+2 The move caps a steep reversal for one of consumer robotics’ best-known pioneers. Once buoyed by pandemic-era demand and the near-household-name status of “Roomba,” iRobot has struggled under the weight of pricing pressure, rising costs, and fierce competition in a robot vacuum market that has become crowded with feature-rich alternatives—many of them coming from China-based brands and supply chains. Reuters+1
15 December 2025
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Stock Market Today

  • tinyBuild CEO Alex Nichiporchik Buys 200,000 Shares, Boosting Stake to 57.97%
    June 29, 2026, 12:54 PM EDT. tinyBuild, a premium video games publisher listed on AIM, announced CEO Alex Nichiporchik purchased 200,000 ordinary shares at an average price of $0.093 each. Post-transaction, Nichiporchik owns 230.28 million shares, equivalent to 57.97% of tinyBuild's issued share capital. The purchase took place on June 25 and 26 on the London Stock Exchange AIM. tinyBuild focuses on its own intellectual property to build multi-game franchises and operates globally across the Americas and Europe. The disclosure complies with EU Market Abuse Regulation requirements as incorporated into UK law.
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