Houston-based solar energy company Sunnova files for Chapter 11 bankruptcy

The bankruptcy filing came just days after the company laid off more than half its workforce.

Houston Public Media

Carpenter Lipps LLP has announced the opportunity to make a new equity infusion pursuant to a Chapter 11 plan. The debtor and its subsidiaries own three hotels.
For important details and contact information read the full notice linked below.
https://www.dailydac.com/public-notice-of-chapter-11-sale-sg-hospitality-inc/
#Chapter11 #BankruptcySale #BankruptcyAuction #BankruptcyCourt #RestructuringNews #LegalNotice

https://www.dailydac.com/public-notice-of-chapter-11-sale-sg-hospitality-inc/

PUBLIC NOTICE OF CHAPTER 11 SALE: S&G Hospitality, INC

PUBLIC NOTICE OF CHAPTER 11 BIDDING PROCEDURES FOR EQUITY IN S&G HOSPITALITY, INC. BID PROCEDURES Set forth below are the bid procedures (the “Bid Procedures”) to be employed with respect to the “New Equity Infusion” proposed to

DailyDAC

Houston-based Pappas Restaurants has positioned itself to purchase On The Border Mexican Grill & Cantina, a chain headquartered in the Dallas area that filed for bankruptcy earlier this month.

https://www.houstonpublicmedia.org/articles/news/business/2025/03/31/517329/houston-based-pappas-restaurants-making-bid-for-bankrupt-on-the-border-franchise/

#Business #Food #Houston #Local #News #Bankruptcy #BankruptcyCourt #Chapter11Bankruptcy #OnTheBorder #Pappas #PappasRestaurants

Houston-based Pappas Restaurants making bid for bankrupt On The Border franchise

Bankruptcy court documents show that an affiliate of Pappas Restaurants provided millions in financing to On The Border and is a stalking-horse bidder, meaning it provided the initial bid for purchasing On The Border’s assets.

Houston Public Media

A federal bankruptcy court in Houston has rejected a deal that would have cleared the way for a second attempt to auction off Infowars conspiracist Alex Jones' media company.

https://www.houstonpublicmedia.org/articles/news/national/2025/02/07/513311/houston-judge-denies-sandy-hook-families-deal-for-a-new-auction-of-alex-jones-infowars/

#Court #Houston #Local #National #News #AlexJones #BankruptcyCourt #HoustonCourts #Infowars #SandyHookElementarySchool

Houston judge denies Sandy Hook families’ deal for a new auction of Alex Jones’ Infowars

The ruling by a U.S. bankruptcy judge in Houston further complicates how and when Jones' bankruptcy case will be resolved and when the families he defamed will be paid.

Houston Public Media

Turkey Leg Hut — a famed Third Ward restaurant at the center of financial distress — is closed after its lease was terminated, according to bankruptcy court records.

https://www.houstonpublicmedia.org/articles/arts-culture/food/2024/11/25/507070/houstons-turkey-leg-hut-closed-after-lease-termination/

#ArtsCulture #Food #News #Bankruptcy #BankruptcyCourt #ThirdWard #TurkeyLegHut

Houston’s Turkey Leg Hut closed after lease termination

The restaurant has been encumbered by outstanding debt for almost a year and dozens of health code violations.

Houston Public Media
Houston bankruptcy judge David Jones resigns after misconduct complaint regarding his relationship with an attorney

Jones resigned Monday, three days after a formal misconduct complaint was filed in the Fifth Circuit Court of Appeals. The prominent bankruptcy judge is accused of failing to disclose a romantic relationship with an attorney who previously worked for a law firm that regularly handled cases in his court.

Houston Public Media

Adam Neumann, WeWork founder, seeks bankruptcy court intervention in his attempt to repurchase the coworking giant.

Accusing current management of ignoring his $500M offer via Flow Global, Neumann urges talks or a shift in control over WeWork's restructuring process.

#WeWork #BusinessNews #BankruptcyCourt

Turkey Leg Hut owes more than $4.7 million to a total of 19 different creditors, including nearly $782,000 to owner Nakia Price, according to its bankruptcy filing this week.

https://www.houstonpublicmedia.org/articles/news/business/2024/03/27/481840/houstons-turkey-leg-hut-files-for-bankruptcy/

#Business #Court #Food #Houston #Local #News #Bankruptcy #BankruptcyCourt #HoustonRestaurants #HoustonSThirdWard #TurkeyLegHut

Houston’s Turkey Leg Hut files for bankruptcy

The popular restaurant at 4830 Almeda Rd. owes more than $4.7 million to a total of 19 different creditors, including nearly $782,000 to owner Nakia Price, according to a document filed in the U.S. Bankruptcy Court for the Southern District of Texas. The company reported having less than $50,000 in estimated assets.

Houston Public Media
#StudentDebt | #StudentLoan:
What bothers me is there has been no effort to allow Federal student loans only from certified schools, and create a process to educate and certify high school students on how to choose a higher education that will serve their lifetime needs from career satisfaction to income. Only career certification should be required to get a Federally funded student loan in the future.
Finally, why is there no discussion of allowing student loans to be eligible for #bankruptcy protection? There could be strict requirements added to Federal laws for student debt qualifying for discharge in #bankruptcycourt, and if so, whether or not these loans qualify for #chapter7 or #chapter11.