WSJ Pro - Bankruptcy

WOLFSPEED PREPARES TO FILE FOR BANKRUPTCY WITHIN WEEKS The troubled semiconductor supplier is pursuing a prepackaged chapter 11 plan after it rebuffed multiple attempts by creditors to

restructure its debt out of court. REGENERON TO BUY 23ANDME OUT OF BANKRUPTCY FOR $256 MILLION The DNA testing company would sell for a fraction of its peak valuation of $6 billion to a

biotech aiming to use its data troves for drug research. BAYER SEEKS NEW ROUNDUP SETTLEMENT WHILE EXPLORING MONSANTO BANKRUPTCY The agricultural giant is preparing to place its U.S.

subsidiary Monsanto in bankruptcy if a settlement with tort plaintiffs fails. BOY SCOUTS BEAT APPEALS OF SEX-ABUSE BANKRUPTCY PLAN An appellate court largely backed the youth group’s

compensation plan, ruling against dissenting abuse victims. WEIGHTWATCHERS FILES BANKRUPTCY TO ADAPT TO CHEMICALLY INDUCED WEIGHT-LOSS FUTURE RITE AID FILES REPEAT CHAPTER 11, ITS SECOND IN

TWO YEARS BERKSHIRE’S NATIONAL INDEMNITY TRIES TO MANAGE RISING TALC LAWSUITS IN BANKRUPTCY OAKTREE IN TAKEOVER TALKS WITH SUPERIOR INDUSTRIES TARIFF TURMOIL SPURS NEW OPENING FOR DISTRESSED

INVESTING WOLFSPEED RESTRUCTURING TALKS SHIFT TO APOLLO, OTHER CREDITORS JOHNSON & JOHNSON’S TALC DEFEAT CAPS BANKRUPTCY-COURT BACKLASH ON TORTS MCKINSEY’S COSTLY OPIOID ADVICE PUTS

CONSULTANTS ON NOTICE PRO TAKE: ASSET-BASED FINANCING IS THE NEW STAR OF PRIVATE CREDIT ANGELO GORDON RAISES $1.3 BILLION FUND TO BUY COMPANY DEBT CREDITO REAL, A MEXICAN SHADOW BANK, SAYS

BOND REFINANCING HAS STALLED U.S. VIRGIN ISLANDS RACES TO CLOSE RUM-BOND REFINANCING TO SAVE PENSION KIRKLAND & ELLIS RESIGNS FROM TRAVELPORT OVER DISPUTED $1 BILLION DEBT DEAL EMBATTLED

ENERGY COMPANIES SNUB CREDITORS TO CONSERVE CASH SANCHEZ ENERGY BANKRUPTCY LENDERS STRIKE DEAL TO TAKE OVER COMPANY INTERCEMENT BONDHOLDERS ALLEGE CONFLICTS IN BRAZILIAN RESTRUCTURING

EVERGRANDE WAS ONCE CHINA’S BIGGEST PROPERTY DEVELOPER. NOW, IT HAS BEEN ORDERED TO LIQUIDATE. CHANGING U.S. STANCE TOWARD VENEZUELA BUOYS CREDITORS NEW CHAPTER 11 BANKRUPTCY FILINGS – WEEK

ENDING MAY 18, 2025 A list of some new chapter 11 bankruptcy filings made during the last week. FIRM RETENTION SUMMARY: 23ANDME This is a summary of a request from the Official Committee of

Unsecured Creditors of 23andMe to hire Stinson LLP as co-counsel, filed May 5 with the U.S. Bankruptcy Court for the Eastern District of Missouri. FIRM RETENTION SUMMARY: WEIGHTWATCHERS This

is a summary of a request from WeightWatchers to hire Young Conaway Stargatt & Taylor as bankruptcy co-counsel, filed May 14 with the U.S. Bankruptcy Court in Delaware. FIRM RETENTION

SUMMARY: SYNTHEGO This is a summary of a request from Synthego to hire Fenwick & West as special corporate counsel, filed May 13 with the U.S. Bankruptcy Court in Delaware. NEW CHAPTER

11 BANKRUPTCY FILINGS – WEEK ENDING MAY 11, 2025 A list of some new chapter 11 bankruptcy filings made during the last week.