Here are the latest bankruptcy news highlights I can share right now.
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Eddie Bauer files for Chapter 11, pursuing a restructuring with lenders’ support, aiming to continue operations through the process. This marks a notable retailer restructuring in the current period. [Source: Business Wire coverage of Eddie Bauer's Chapter 11 filing]
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Linqto, a financial services company, has had its Chapter 11 plan confirmed and is moving toward emergence from bankruptcy in the near term. [Source: Business Wire coverage of Linqto’s confirmed plan]
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Broader bankruptcy activity continues across various sectors, including consumer products and services, with multiple companies pursuing Chapter 11 or similar restructurings and court-approved plans in 2026. [Source: Law360 and multiple outlets summarizing ongoing cases]
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Private and press releases in 2026 show several entities filing Chapter 11, with lenders and debtors negotiating restructuring agreements and plans, indicating a continued trend of court-supervised reorganizations. [Source: PR Newswire and FinancialContent aggregations of bankruptcy news]
If you’d like, I can narrow this to a specific country, industry, or company, or pull more detailed summaries from particular outlets.
Sources
Record consumer debt, years of steep inflation and other factors are driving more Americans to considering filing for bankruptcy. Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says. Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open. … President Trump is open to some type of federal action, several sources told CBS News, and he has...
www.cbsnews.com: Page 3
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