Legacy FSRD, Inc.

  1. February 22, 2023

    3D Parts Printer Garners Wide Support For Ch. 11 Wind Down

    Bankrupt 3D parts printer Fast Radius Inc. received court approval Wednesday from a Delaware bankruptcy judge for its Chapter 11 plan that had the support of nearly all of its creditor constituencies and includes settlements of large claims against the estate.

  2. December 22, 2022

    Insurers Slam Scouts Plan; FTX To Start Clawback Actions

    Insurers who didn't sign on to the Chapter 11 plan of the Boy Scouts of America slammed the $2.5 billion settlement trust in an appellate briefing, cryptocurrency exchange FTX said it will begin seeking clawback of prepetition distributions, and cosmetics giant Revlon Inc. reached a deal with creditors for a Chapter 11 plan. This is the week in bankruptcy.

  3. December 21, 2022

    Bankrupt Parts Printer Aims For Post-Sale Wind-Down In Del.

    Bankrupt remnants of former cloud-managed, multisite manufacturer Fast Radius Inc. tentatively set a Feb. 13 hearing on a combined disclosure statement and Chapter 11 plan in Delaware on Wednesday, after nailing down a $17 million sale of its main assets last week.

  4. November 08, 2022

    Fizzled De-SPAC Sends Cloud Manufacturing Co. Into Ch. 11

    Centralized manufacturing venture Fast Radius Inc. sought Chapter 11 protection in Delaware with $55 million in secured and unsecured debt late Monday, blaming a fizzled "de-SPAC" fundraising effort and other financing disappointments for driving the cloud-based business into a bankruptcy sale effort.