June 10, 2026
Minority lenders to bankrupt canned food giant Del Monte are seeking to appeal the May confirmation of Del Monte's Chapter 11 plan to the U.S. Court of Appeals for the Third Circuit over issues including "impermissible gerrymandering" of creditor classes.
June 08, 2026
The U.S. Supreme Court will not consider an appeal related to an early Texas two-step case, a New Jersey bankruptcy judge declined a Del Monte lender group's request for a plan confirmation stay, and a law to standardize assignment for the benefit of creditors proceedings is gaining traction. This is the week in bankruptcy.
June 02, 2026
A New Jersey bankruptcy judge Tuesday denied a Del Monte lender group's request to stay his order confirming the canned food company's Chapter 11 plan, finding the lenders had not shown they were likely to succeed on appeal.
May 26, 2026
Del Monte Foods, shipper STG and resort developer SilverRock Development won approval for their bankruptcy plans, while bitcoin ATM operator Bitcoin Depot and oilfield services provider Warrior Technologies entered Chapter 11. This is the week in bankruptcy.
May 18, 2026
Del Monte Foods received confirmation of its Chapter 11 wind-down plan on Monday after a New Jersey bankruptcy judge overruled an objection from a group of minority lenders.
May 12, 2026
Del Monte Foods defended its Chapter 11 liquidation plan at a confirmation hearing Tuesday in New Jersey, arguing that, despite what a group of lenders has said, the debtor ran a transparent bankruptcy process that resulted in three separate sales.
April 30, 2026
The U.S. Trustee and two groups of minority lenders filed objections to the proposed Chapter 11 plan of Del Monte Foods in New Jersey court, taking aim at the plan's release provisions and the treatment of minority claims.
April 03, 2026
A New Jersey bankruptcy judge has rejected a lender group's request to certify a Del Monte Foods settlement order for appeal to the Third Circuit, finding that the order reflected a fact-intensive application of settled law and did not present the kind of pure legal question that would warrant appellate review.
April 02, 2026
A New Jersey bankruptcy judge said Thursday he would decide whether to certify a Del Monte settlement for direct appeal to the Third Circuit based on papers already filed in the case, after the canned food company urged the court to let a lender group's challenge unfold in district court instead.
March 30, 2026
Del Monte Foods has urged a New Jersey bankruptcy judge to deny a lender group's request to certify a settlement order for direct appeal to the Third Circuit, arguing that the group's challenge to the Chapter 11 deal should play out in district court instead.