May 11, 2026 - Spirit Airlines, Genesis Healthcare, BlockFills, Axip Energy Services

This episode covers key developments in four major restructuring and bankruptcy cases: Spirit Airlines moves to sell or abandon its remaining fleet following a full operational shutdown, seeking emergency court approval to dispose of aircraft, engines, and spare parts as surging fuel costs rendered its reorganization plan unworkable. A federal district court vacates the extension of the automatic stay to non-debtors in the Genesis Healthcare case, ruling that the bankruptcy court failed to fo...