Wolfspeed, Inc., Debtor

  1. September 15, 2025

    3rd Circ. Backs Talc Co.'s Ch. 11, Hooters Must Split Royalties

    The Third Circuit determined that the board of directors for former talc supplier Whittaker Clark & Daniels had the power to put it into bankruptcy, despite the appointment of a receiver for its assets. The Catholic diocese for Oakland, California, has asked to end its Chapter 11, saying it has little hope for reaching a settlement with creditors. And debtors across the country secured confirmation of Chapter 11 plans.

  2. September 08, 2025

    Wolfspeed Gets OK For Ch. 11 Plan Cutting $4.6B Debt

    A Texas bankruptcy judge said Monday he would approve a Chapter 11 plan slashing $4.6 billion of chipmaker Wolfspeed Inc.'s debt, overruling an objection from the U.S. Trustee's Office to the opt-out mechanism for obtaining creditor support for third-party releases.

  3. September 05, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Spirit Airlines will ask a New York bankruptcy court for permission to use cash collateral in its latest Chapter 11. A Texas bankruptcy judge will weigh chipmaker Wolfspeed's disclosure and Chapter 11 plan. And courts in Delaware and New York will hold omnibus hearings for SVB Financial Group and Claire's.

  4. August 28, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Chipmaker Wolfspeed Inc. plans to sell $87 million in Macom Technology Solutions shares ahead of its expected exit from bankruptcy, a local New York real estate buyer was hit with triple fines for filing at least 22 bankruptcy petitions over two years to delay foreclosures, and Gateway Development Group's chief financial officer and chair must list assets to cover a $51.2 million prejudgment remedy in a derivative suit.

  5. August 22, 2025

    US Trustee Objects To Opt-Outs In Wolfspeed's Ch. 11 Plan

    The U.S. Trustee's Office has objected to the prepackaged Chapter 11 plan from chipmaker Wolfspeed Inc., arguing the opt-out mechanism for obtaining creditor support for third-party releases is nonconsensual.

  6. August 04, 2025

    Meet The Attorneys Guiding Chipmaker Wolfspeed's Ch. 11

    A team of lawyers from Hunton Andrews Kurth LLP and Latham & Watkins LLP is leading the bankruptcy case of semiconductor maker Wolfspeed Inc., as the company plans to slash 70% of its debt, $4.6 billion, from a restructuring plan later this year.