July 13, 2026
A Texas court ruled that lenders excluded from Serta Simmons Bedding's uptier restructuring are owed more than $400 million. A Missouri judge approved a $46.7 million data breach settlement for 23andMe claimants, while the Second Circuit ruled an investor can keep its Bed Bath & Beyond stock profits. Linqto won approval to pay off its Chapter 11 loan with securities, and Viridis Chemical got its Chapter 11 liquidation plan confirmed after its asset sale.
July 10, 2026
A Texas bankruptcy judge Friday gave investment platform Linqto permission to transfer its Chapter 11 loan to a customer recovery fund and pay off the balance with securities.
July 01, 2026
A Texas bankruptcy judge Wednesday agreed to let Linqto sell Ripple Labs equity for a total of $130 million, in transactions that counsel for the former investing platform said will help it exit Chapter 11 soon.
June 29, 2026
Bankrupt investing platform Linqto has told a Texas bankruptcy judge its Ripple Labs equity holdings are too valuable and asked to be allowed to sell $130 million of the blockchain company's stocks to conform to the terms of its Chapter 11 plan.
March 06, 2026
A Texas bankruptcy judge agreed Friday to approve more than $1.6 million in fees for defunct investment platform Linqto's special Chapter 11 counsel from Sullivan & Cromwell, commending the firm's work and overruling an objection from creditors.
February 09, 2026
Investment platform Linqto received approval for its liquidation plan, Del Monte scored approval for a $500 million asset sale and deal with its creditors, and a nursing home private equity investor hit Chapter 11 with more than $1 billion in debt. This was the week in bankruptcy.
February 06, 2026
A Texas bankruptcy judge Friday agreed to approve Linqto's Chapter 11 plan, finding it had overwhelming creditor support and overruling objections from the defunct private investment platform's onetime leader.
February 04, 2026
Defunct investment platform Linqto closed out a two-day Chapter 11 confirmation hearing Wednesday in Texas bankruptcy court, as supporters touted a plan establishing two recovery options for customers, and objectors questioned the circumstances leading up to the bankruptcy filing.
February 02, 2026
Linqto kicked off its Chapter 11 plan confirmation hearing in Texas Monday, as plan supporters and objectors grilled witnesses on the circumstances leading up to the former investment platform's bankruptcy and its reorganization proposal.
January 30, 2026
Talc producers Imerys Talc America and Cyprus Mines Corp. will seek confirmation of their joint Chapter 11 plan. Canned food producer Del Monte will find out whether its proposed Chapter 11 creditor settlement will be approved by a New Jersey bankruptcy court. Home solar panel financing company PosiGen will deal with creditor motions seeking appointment of a Chapter 11 trustee. Investment platform Linqto's proposed bankruptcy plan will be up for consideration.