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July 01, 2025
Semiconductor manufacturer Wolfspeed launched a Chapter 11 case with a lender-backed plan to reduce $4.6 billion in debt. A Corvias unit filed for bankruptcy, blaming an unworkable student housing contract with Georgia's public universities. Digital advertising tech firm Marin Software hit Chapter 11 with a plan to sell its assets. And a city in Washington filed Chapter 9 papers after a developer moved to garnish funds over a $26 million arbitration award.
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