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South Central U.S. Bankruptcy News  •••  Topics

South Central U.S. Bankruptcy Lenders News Monitoring

  • Published on May 20, 2026

    FAT Brands Split Up in Nearly $1 Billion Bankruptcy Sales Process

    FAT Brands’ sprawling bankruptcy process appears to have been finalized. A Texas court approved Tuesday the sale of more than a dozen concepts in the portfolio, with a total value of nearly $1 billion. READ MORE ON FAT BRANDS’ BANKRUPTCY CASE: FAT Brands …

    Source: QSR Magazine - Neutral
  • Published on May 20, 2026

    Can a Secured Lender Collect Default Interest in Bankruptcy? . . . Maybe

    A bankruptcy court in the Southern District of New York clarified the factors considered in determining whether an oversecured creditor can recover default interest under a loan agreement. In a recent decision (In re Mako 33, LLC), the court allowed a …

    Source: JD Supra - California - Neutral
  • Published on May 18, 2026

    Texas Stock Exchange Appoints Former Mr. Cooper Executive as CFO

    Send your company’s executive hires and promotions to D CEO associate editor Layten Praytor at [email protected]TXSE Group Jaime Gow, CFO The Texas Stock Exchange and its parent company, TXSE Group, have selected Jaime Gow to serve as CFO. Gow most …

    Source: D Magazine - Texas - Neutral
  • Published on May 21, 2026

    Wind Blade Maker TPI Gets OK For Affiliates' Chapter 11 Plan

    By Clara Geoghegan ( May 21, 2026, 5:59 PM EDT) -- A Texas bankruptcy judge Thursday approved the Chapter 11 plan of two affiliates of TPI Composites, allowing an equity sale of the entities and incorporating a settlement between the wind blade …

    Source: Law360 - Neutral
  • Published on May 14, 2026

    Which Stores Are Closing in Louisiana in 2026?

    LAFAYETTE, La. — The wave of retail closures that reshaped shopping across Louisiana and the country in 2025 is continuing into 2026, though analysts say the worst of it may be behind us. Coresight Research projects roughly 7,900 U.S. stores will close …

    Source: 92.9 The Lake - Louisiana - Pending
  • Published on May 22, 2026

    Justices say they have secured financing to pay off loans at heart of Greenbrier dispute

    Senator Jim Justice and his family business organization announced they have secured financing to fully satisfy the loans at the center of a conflict between the owners of The Greenbrier and an affiliate of Omni Hotels & Resorts. The financing …

    Source: MetroNews - West Virginia - Neutral
  • Published on May 13, 2026

    Texas Business Court Dismisses Out-of-State Defendants for Lack of Personal Jurisdiction in Trailer Financing Dispute

    On April 8, 2026, in Daimler Truck Financial Services USA LLC v. Vanguard National Trailer Corporation, the Texas Business Court reinforced that downstream Texas sales alone cannot create specific jurisdiction where the alleged wrongful conduct occurred …

    Source: National Law Review - Neutral
  • Published on May 21, 2026

    A Fertitta-Caesars deal seems imminent, but prolonged talks show that obstacles remain

    Discussions between Tilman Fertitta and Caesars Entertainment have dragged on for months – what is keeping the seemingly done deal from closing? The speculation surrounding Tilman Fertitta’s buyout of Caesars Entertainment has been steadily increasing for …

    Source: iGB - Neutral
  • Published on May 13, 2026

    Texas federal judge dismisses fraud claims in 'ghost cattle' suit

    PADUCAH — In late March, a federal bankruptcy judge in Texas dismissed, with prejudice, fraud claims brought by a trustee against several banks and lenders accused of enabling a large cattle‑industry Ponzi scheme with ties to Kentucky. Sky6 view of McClain …

    Source: Marshall County Tribune-Courier - Kentucky - Pending
  • Published on May 12, 2026

    Mental Health Provider PsychPlus Files for Bankruptcy

    Houston, Texas-based PsychPlus has filed for Chapter 11 bankruptcy protection in the Southern District of Texas of the U.S. Bankruptcy Court. Public documents show the company, identified as P Health, filed on May 8. Details about the impetus for the …

    Source: Behavioral Health Business - Pending
  • Published on May 7, 2026

    First Brands Lender Slams Creditors' 'Baseless' Investigation

    By Alex Wittenberg ( May 6, 2026, 7:06 PM EDT) -- First Brands Group lender Aequum Capital has urged a Texas bankruptcy judge to reject unsecured creditors' bid to extend a deadline for their investigation into liens that Aequum asserted, saying the …

    Source: Law360 - Neutral
  • Published on May 7, 2026

    Bankruptcy Court Permits Fraudulent Transfer Claims to Proceed Where Debtor Mostly Received More Than It Paid Back Under ...

    On February 4, 2026, the U.S. Bankruptcy Court for the Southern District of Texas permitted a bankruptcy trustee’s fraudulent transfer claims, arising from allegedly usurious loans, to proceed in an adversary proceeding against defendants even where the …

    Source: JD Supra - California - Neutral
  • Published on May 6, 2026

    Metairie Towers bankruptcy halts auction plans

    KEY TAKEAWAYS: Owner filed Chapter 11 one day before scheduled sheriff’s auction Failed penthouse condo plan cited as key reason for financial trouble Debt grew to over $22 million with high default interest rates Developer now plans to convert property …

    Source: New Orleans City Business - Louisiana - Neutral
  • Published on May 4, 2026

    Texas CRE foreclosures surge past $1B for May auctions, fueled by multifamily distress

    Commercial real estate distress across Texas cooled in April, but the chill was short-lived.  The total value of loans flagged for foreclosure this month surged past $1 billion in the Texas Triangle — the first time it’s done so since The Real Deal started …

    Source: The Real Deal - New York - Neutral
  • Published on May 5, 2026

    Texas Farmers' Grain Liens Found Invalid in Hansen-Mueller Bankruptcy

    "While the producers vigorously argue the statute grants them an automatic 90 days of perfection, they have not submitted any authority for this interpretation, nor has the court found any on its own," the court said in its order. " …

    Source: Progressive Farmer - Neutral
  • Published on May 4, 2026

    Why energy lenders aren't yet seeing a surge in oil loans

    Key insight: Oil drillers are more reluctant to grow than they used to be amid rising energy prices due to concerns that the spike will be relatively short-lived. Supporting data: The WTI benchmark hovered around $100 a barrel at the start of 2014, but had …

    Source: American Banker - New York - Neutral
  • Published on May 1, 2026

    Saks Global sends its bankruptcy plan to a creditor vote

    By Dietrich Knauth NEW YORK, May 1 (Reuters) – Saks Global received court approval on Friday to send its bankruptcy plan to creditors for a vote, ​asking them to approve a restructuring that would ‌wipe out the company’s equity and hand control over to its …

    Source: WIRL - Illinois - Pending
  • Published on May 1, 2026

    FreshRealm to cut 637 jobs in New Jersey after bankruptcy filing

    The basics: After filing for Chapter 11 bankruptcy, FreshRealm plans to lay off 637 workers in New Jersey. In a notice with the state Department of Labor & Workforce Development, the fresh food manufacturing partner said the downsizing will occur by …

    Source: NJBIZ - New Jersey - Pending
  • Published on Apr 29, 2026

    Saint Augustine’s Declares Bankruptcy but Won’t Close

    Saint Augustine’s University filed for bankruptcy Tuesday, a move that university officials say is necessary to address its “current financial realities” and chart a path forward for long-term sustainability. The North Carolina university owes more than $ …

    Source: Inside Higher Ed - Neutral

02 days 00:44:47

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  • Published on May 23, 2026 - 01:41 GMT

    Deputy Minister David Masondo: National Treasury Dept Budget Vote 2026/27

    Honourable Chairperson Honourable members, The Minister has already laid out the context within which we are presenting the budget vote for the National Treasury. Section 216 of the Constitution of the Republic, supported by the Public Finance Management …

    Distribution channels:
  • Published on May 22, 2026 - 21:10 GMT

    2026 Policy Updates from Key Investors

    Capital International, Inc. and Capital Research and Management Company (Capital Group) – Reincorporation Geode Capital Management, LLC (Geode) – Say on Pay Frequency, Equity Plans, and Reincorporation T. Rowe Price Associates, Inc. (TRPA) – Director …

    Distribution channels: Education
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