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Luminar Technologies Proposes Liquidation Through $143 Million Asset S – Stretto

Luminar Technologies, Inc. and its affiliated debtors filed a disclosure statement on January 29, 2026, outlining a Chapter 11 Plan of Liquidation that proposes to sell substantially all assets through two separate transactions totaling approximately $143 million. The plan contemplates the sale of the company’s LSI semiconductor business to Quantum Computing, Inc. for $110 million…

Sterling Bancorp’s Liquidation and Shareholder Payouts

Sterling Bancorp is now in the final stages of a complete corporate wind-down. Having divested its core banking operations last year, the company is currently liquidating its remaining assets to facilitate its ultimate dissolution. For shareholders, the central question is what final capital distribution will remain after all corporate obligations are settled. The process began…