Daily Archives: February 24, 2026

Barrow Shaver Resources Company Proposes Chapter 11 Liquidation Plan, – Stretto

Barrow Shaver Resources Company, LLC filed a Chapter 11 Plan of Liquidation on February 19, 2026 in the United States Bankruptcy Court for the Southern District of Texas, Houston Division. The Plan proposes to transfer all remaining property of the estate to a Liquidation Trust, which will be funded primarily from proceeds of a previously…

Insolvency statistics show an increase in corporate distress

An increase in the monthly number of company insolvencies, as well as a rise in the unemployment rate and slow GDP growth, highlight the continued financial strain facing businesses as 2026 begins. This is according to the North West chair of the UK’s restructuring, turnaround and insolvency trade body R3. It comes of the back…

40-year-old trucking company closes, files Chapter 7 bankruptcy – thestreet.com

40-year-old trucking company closes, files Chapter 7 bankruptcy  thestreet.com Read the original article here