August 17, 2026 - American Efficient, Genesis Healthcare

This episode covers key developments in two major restructuring and bankruptcy cases: A creditor in the American Efficient bankruptcy seeks appointment of a Chapter 11 trustee or independent examiner, citing federal regulatory findings that an affiliate allegedly sold nearly two gigawatts of “fake capacity” and received roughly $500 million in capacity payments. The motion also raises concerns over insider transactions, affiliate-provided DIP financing, and the absence of a creditors’ committ...