October 19, 2026
A New York bankruptcy judge Monday gave final approval for Latvian air carrier airBaltic to draw on $404 million in Chapter 11 financing, overriding objections from bondholders.
October 16, 2026
Bankrupt talc miner Vanderbilt Minerals is set to undergo a plan disclosure hearing, a Texas judge is scheduled to take up discovery issues in Inspired Healthcare's bankruptcy, and a wine and liquor distributor is on the path to pursue confirmation of its Chapter 11 plan.
September 18, 2026
AirBaltic, the flagship airline of Latvia, filed for Chapter 11 protection in New York on Sept. 14 with $557 million of secured bond debt after years of losses were worsened by soaring fuel costs and the ongoing war in Ukraine. Meet the team of attorneys from Milbank LLP aiming to bring the restructuring plan in for a soft landing
September 15, 2026
Latvian carrier airBaltic filed for Chapter 11 protection with more than $1 billion in liabilities, following a sharp rise in jet fuel prices amid the Iran-U.S. conflict. Solar farm operator PGR Lessee I filed for bankruptcy protection, while telecom infrastructure developer Full Circle Fiber filed for Chapter 7, each reporting more than $100 million in debts.
September 15, 2026
A New York bankruptcy judge Tuesday gave Latvian carrier airBaltic permission to draw on nearly $162 million in Chapter 11 financing, overruling the objections of bondholders who argued they were facing loss of value of their collateral.
September 14, 2026
Latvian carrier airBaltic filed for Chapter 11 bankruptcy protection in New York on Monday, citing liabilities of more than $1 billion, after years of financial strain from the COVID-19 pandemic, Russia's invasion of Ukraine and a sharp increase in jet fuel prices following the outbreak of the Iran-U.S. conflict in early 2026.