TPI Composites, Inc.

  1. October 06, 2025

    First Brands Gets $1B DIP, Hooters Approved To Exit Ch. 11

    A Texas bankruptcy judge granted an interim approval for First Brands' $1.1 billion debtor-in-possession loan. Hooters of America won court approval of its reorganization plan. The judge ruled the automatic stay in Alex Jones' Chapter 7 case does not extend to his media company, Free Speech Systems, while the unsecured creditors' committee in TPI Composites' Chapter 11 sued its equity holder, alleging a prepetition uptier deal unfairly elevated its creditor status.

  2. October 02, 2025

    Wind Co.'s Pre-Ch. 11 Uptier Deal Draws Suit From Creditors

    The official committee of unsecured creditors in the Chapter 11 of wind turbine blade maker TPI Composites has brought an adversary action against the debtor in Texas bankruptcy court, alleging a prepetition uptier transaction made preferred equity holder Oaktree a secured creditor to the detriment of unsecured noteholders.

  3. September 10, 2025

    Wind Co.'s DIP Gives Lender Too Much Control, Creditors Say

    The unsecured creditors of an insolvent wind turbine blade maker have asked a Texas bankruptcy court to reject the terms of the debtor's proposed Chapter 11 financing, saying it would hand the reins of the bankruptcy case to one secured creditor.

  4. September 09, 2025

    Wind Turbine Maker Gets OK To Hand Off Turkish Subsidiaries

    A Texas bankruptcy judge Tuesday gave wind turbine blade maker TPI Composites permission to hand off its Turkish operations to a local owner, a move the company said will save it $31 million in intercompany obligations.