Bankruptcy News

BlockFills Enters Chapter 11 to Restructure Amid Liquidity Crunch

BlockFills, operated by Reliz Ltd., filed for Chapter 11 in Delaware to restructure amid liquidity stress, reporting assets of $50–$100 million and liabilities of $100–$500 million. The firm says the filing will enable an orderly restructuring, maintain client protections, and pursue additional liquidity while addressing a Dominion Capital-related lawsuit that resulted in a temporary restraining order.