May 26, 2026
Aftermarket boat equipment retailer West Marine has hired attorneys from Young Conaway Stargatt & Taylor LLP and Kirkland & Ellis LLP to guide it in the wake of entering Chapter 11 to address nearly $550 million in debt.
May 21, 2026
Over the past half-decade, aftermarket boat equipment retailer West Marine overinvested in inventory and was buffeted by changing consumer demand, the COVID-19 pandemic, poor weather conditions and underperforming stores, eventually running aground in Chapter 11 on May 17.
May 19, 2026
A Spanish-language media company is seeking Chapter 11 relief after facing declining advertising revenue. A nationwide operator of bitcoin ATMs plans to wind down. And a boating supply business entered Chapter 11 with a restructuring support agreement to deal with more than $500 million in debt.
May 19, 2026
A Delaware bankruptcy judge on Tuesday said she would grant boating supply business West Marine Inc. a range of first day relief on an interim basis as it gets underway in its voyage through Chapter 11, including permission to use its cash collateral and to pay employees and vendors.
May 18, 2026
Boating supply retailer West Marine commenced a Chapter 11 case in Delaware to deal with almost $550 million in debt after reaching a deal on a restructuring support agreement with lenders and equity holders.