Fasken’s 2025 Insolvency Insights – Fasken
Fasken’s 2025 Insolvency Insights Fasken Read the original article here
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Benson Hill Equity Holders Face Total Loss as Liquidation Proceeds
The final chapter for Benson Hill, the agricultural technology firm, has been written. Any remaining hopes for a corporate rescue have been extinguished, with the company now in full liquidation. Investors are confronting the stark reality of a total loss on their holdings. The shift from Chapter 11 restructuring to a Chapter 7 liquidation was…
Roomba’s bankruptcy may wreck a lot more than one robot vacuum maker
Medianews Group/boston Herald Via Getty Images | Medianews Group | Getty Images Los Angeles resident Ruth Horne, 76, enticed by a bargain, bought what she thought was a Roomba to vacuum her house, but the experience ended in frustration. “It kept getting stuck somewhere and would then just go around in circles,” Horne said. She…
Supreme Court on Arbitration During IBC Moratorium
In a significant judgment, the Supreme Court of India in Ankhim Holdings Pvt. Ltd. & Anr. v. Zaveri Construction Pvt. Ltd. clarified an important procedural question that sits at the intersection of arbitration law and insolvency proceedings: Can a court, while appointing a substitute arbitrator, invalidate arbitral proceedings conducted during an IBC moratorium? The Supreme…
CEO Files for Bankruptcy 60 Days After Mocking Employees: CEO mocks employees as replaceable – two months later he files for bankruptcy, Internet responds with leadership lesson
Recent labor market data reveals that 79% of employees who quit their jobs cite a “lack of appreciation” as a primary driver for leaving. This statistic highlights a fatal disconnect in corporate leadership, as seen in a viral Reddit case study where a CEO told staff they were “all replaceable” just 60 days before filing…
Dale Vince shelves Ecojet for now amid regulatory and funding setbacks
Amid a failed bid to raise £20m in funding and claims that it had been unable to get the appropriate certification from the UK’s air regulator, Ecojet, Green Britain Group’s celebrated electric airline, appears to have had its wings clipped before its first commercial flight could taxi for takeoff. Edinburgh-based Opus Restucturing LLP has stepped…
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Eddie Bauer files for bankruptcy, begins liquidation sales
Feb. 11, 2026 The operator of Eddie Bauer stores has filed for bankruptcy and will close all locations in the U.S. and Canada if a buyer can’t be found. Liquidation sales at the outdoor sportswear stores have started, and some stores will close even if a buyer is found, Eddie Bauer LLC said in a…