Restructuring Roundup - March 2025

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AGG’s Restructuring Roundup newsletter is a monthly update of legal issues and news affecting or related to commercial litigation and bankruptcy. The newsletter is a curation of published articles and news, and contains original content developed by AGG’s Bankruptcy, Creditors’ Rights, & Financial Restructuring attorneys.

Industry News


Village Roadshow Files for Chapter 11 Bankruptcy

March 17, 2025 (MSN.com)

Village Roadshow Entertainment Group has filed for Chapter 11 bankruptcy protection, TheWrap has learned.

Fast-fashion retailer Forever 21 files for bankruptcy

March 17, 2025 (CNBC)

Forever 21 filed for bankruptcy protection for the second time in six years on Sunday and blamed fast-fashion e-tailers Shein and Temu for its demise.

Future of Northvolt’s EV Battery Gigafactory in Jeopardy After Bankruptcy

March 15, 2025 (Softonic)

Northvolt AB, the Swedish battery manufacturer’s parent company, has officially filed for bankruptcy after grappling with a range of financial challenges.

FTX Bankruptcy Hit by Court Ruling Favoring 3AC’s $1.53 Billion claim

March 14, 2025 (Trading View)

A Delaware bankruptcy court sided with failed hedge fund Three Arrows Capital (3AC), approving a dramatic increase in its claim against FTX from $120 million to $1.53 billion.

Joann To Put All 790 Stores Up For Bids As No Rescuer Emerges

March 14, 2025 (Forbes)

The demise of 82-year-old fabric and crafts retailer Joann has entered its final chapter after GA Group and A&G Real Estate Partners announced plans to auction all 790 of the company’s store leases and five distribution centers.

Award-winning beauty brand files for Chapter 11 bankruptcy

March 13, 2025 (MSN International Edition)

Award-winning beauty brand SBLA Beauty has filed for Chapter 11 bankruptcy.

Private-Credit Firms Expand Restructuring Teams Amid Bankruptcy Surge

March 12, 2025 (The Wall Street Journal)

Private-credit firms are increasingly hiring loan restructuring and workout professionals as corporate bankruptcies and distressed exchanges have spiked.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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