Space Case, Inc.

  1. October 20, 2023

    Masten Space Execs Crashed And Burned Co., Trustee Says

    The liquidating trustee for bankrupt NASA contractor Masten Space Systems has sued the company's former CEO in Delaware bankruptcy court for breach of fiduciary duty, saying he ran the company into the ground with moonshot stratagems.

  2. November 08, 2022

    Masten's Ch. 11 Plan Confirmed With Contract Extensions

    The Chapter 11 plan of bankrupt NASA contractor Masten Space Systems received court approval Tuesday in Delaware after a judge consented to extending the window during which the debtor and its successor can assume and assign executory contracts.

  3. September 15, 2022

    Boy Scouts Plan Confirmed, Cineworld Hits Ch. 11

    The Boy Scouts of America obtained approval for its Chapter 11 plan, the world's second-largest movie theater chain hit bankruptcy, and an examiner was appointed in the Celsius Network cryptocurrency case to investigate management's prepetition conduct. This is the week in bankruptcy.

  4. September 08, 2022

    Masten Space Approved For $4.5M Asset Sale In Ch. 11

    Bankrupt NASA contractor Masten Space Systems received approval Thursday in Delaware for a $4.5 million sale of its assets including valuable launch credits issued by private space venture SpaceX.

  5. August 12, 2022

    Ch. 11 Cheat Sheet: Masten Space Systems Inc.

    NASA contractor Masten Space Systems Inc. filed for Chapter 11 protection in Delaware bankruptcy court with plans to sell its assets at auction at the beginning of September.

  6. August 12, 2022

    NASA Contractor Gets Approval For $1.4M In Ch. 11 Financing

    A Delaware bankruptcy judge on Friday approved $1.4 million in Chapter 11 financing for NASA contractor Masten Space Systems Inc. from the stalking horse bidder in an auction Masten hopes to run in a month.

  7. August 05, 2022

    Scouts' Plan Mostly Approved, Jones Hit With $50M Verdicts

    The Boy Scouts of America got a court's nod for the linchpin of its $2.7 billion Chapter 11 plan, the defamation damages trial of conspiracy theorist Alex Jones and his bankrupt media enterprise resulted in nearly $50 million in damages, and customers of cryptocurrency platform Voyager Digital can withdraw their cash from custodial accounts. This is the week in bankruptcy.

  8. July 29, 2022

    NASA Lunar Lander Contractor To Sell Assets In Ch. 11

    NASA contractor Masten Space Systems Inc. has filed for bankruptcy protection in Delaware with plans in place to sell its assets under an asset purchase agreement with Houston-based aerospace company Intuitive Machines LLC.