October 23, 2026
A term loan lender in the Chapter 11 case of Florida regional rail company Brightline Holdings has raised concerns about the unusual postpetition lending package in the bankruptcy, contending creditors should be informed about how the financing flows to the debtors and about changes to a cap on funds made available to them.
October 06, 2026
Holding companies in the corporate structure of privately owned high-speed rail system Brightline Florida are funding their Chapter 11 debt restructuring with what experts say is an unusual, but elegant, debtor-in-possession facility that could streamline the cases.
October 05, 2026
Dish DBS Corp. won approval to cut more than $4 billion of debt and exit Chapter 11, while high-speed rail network Brightline got the greenlight to borrow $190 million in bankruptcy financing.
September 29, 2026
Entities that own high-speed rail network Brightline Florida received a New Jersey bankruptcy judge's permission Tuesday to obtain interim access to $190 million of Chapter 11 financing in an unconventional loan package involving a nondebtor that runs the railroad.
September 29, 2026
The corporate parent of Florida's high-speed rail system Brightline filed for Chapter 11 to rework its debt. A real estate data and artificial intelligence firm sought bankruptcy protections to stave off a foreclosure. A longtime Sonoma Valley vineyard filed for Chapter 11, and more.
September 29, 2026
Florida's Brightline rail service has hired attorneys from Skadden Arps Slate Meagher & Flom LLP and Cole Schotz PC to oversee the Chapter 11 case it launched to restructure more than $1 billion in bond debt.
September 28, 2026
Spirit Airlines won approval to sell 27 aircraft for $668 million, while Florida's Brightline parent company pursued a restructuring of more than $1 billion in bond debt. Wendy's said one of its largest U.S. franchisees no longer has the right to operate 314 restaurants. Lugano Diamonds secured confirmation of its liquidation plan.
September 25, 2026
Florida's Brightline rail service will continue operating during the Chapter 11 cases of its parent entities, as they pursue a restructuring of more than $1 billion of bond debt with the support of its creditors.