Chapter 11 is a topic tracked in our intelligence system with 5 linked articles.
A bipartisan coalition of 40 state attorneys general led by NY AG Letitia James has filed a notice of interest in Character.AI's Chapter 11 bankruptcy, seeking consumer-data protections before any asset transfer to Disney proceeds.
Character.AI, one of the generative-AI boom's first breakout consumer startups, has filed for Chapter 11 bankruptcy and is selling assets to Disney amid mounting safety-related lawsuits and scrutiny.
Eddie Bauer declares bankruptcy, signaling potential Chapter 11 restructuring and near-term disruption to its retail operations.
Rad Power Bikes files for Chapter 11 bankruptcy in the Eastern District of Washington and aims to sell the company; assets $32.1 million vs. liabilities $72.8 million, with prior CPSC battery recall issues looming.
Luminar Technologies filed for voluntary Chapter 11 bankruptcy, aiming to sell its lidar and semiconductor units, with the semiconductor unit already agreed to be sold to Quantum Computing for $110 million; founder Austin Russell was ousted after an ethics inquiry, and the company will continue operations during proceedings.
iRobot filed for Chapter 11 bankruptcy and will be acquired by its contract manufacturer Picea Robotics, which assumes iRobot’s $190 million loan and waives $161.5 million owed for manufacturing, effectively giving Picea ownership of iRobot.
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