Market Insights

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Market Insights & News

Discover valuable market insights with Xclaim: Stay informed with real-time data, trends, and expert analysis to make smarter financial decisions and navigate opportunities in the claims trading market.

Watchlist

Track our curated watchlist of the most active and relevant assets in today’s market. Updated in real-time to keep you ahead of the trends.

\ Genesis Global Holdco\ \ Southern District of New York\ \ Filing Date: \ \ 11/19/2023\ \ Plan confirmed. Three distributions to date. Additional, smaller distributions expected over 3-4 years as the debtors monetize litigation claims and DCG paper.\ \ View Case](/content/market-insights#/index.html)

\ SWC Industries LLC\ \ Northern District of California\ \ Filing Date: \ \ 11/14/2024\ \ Sale of four industrial businesses; $50-100M in liabilities, primarily 1L funded debt.\ \ View Case](/content/market-insights#/index.html)

\ Vroom Inc.\ \ Southern District of Texas\ \ Filing Date: \ \ 11/13/2024\ \ Prepackaged BK. Plan support parties include 1L lenders, led by Mudrick, converting to equity. GUCs unimpaired.\ \ View Case](/content/market-insights#/index.html)

\ Spirit Airlines, Inc.\ \ Southern District of New York\ \ Filing Date: \ \ 11/18/2024\ \ Prepack. B/S restructuring. GUCs unimpaired.\ \ View Case](/content/market-insights#/index.html)

\ Northvolt AB\ \ Southern District of Texas\ \ Filing Date: \ \ 11/21/2024\ \ Freefall. Seeking to recapitalize or sell core assets including several battery gigafactories; $5.9B in est. liabilities\ \ View Case](/content/market-insights#/index.html)

\ Stoli Group (USA), LLC\ \ Northern District of Texas\ \ Filing Date: \ \ 11/27/2024\ \ Freefall. B/S restructuring. GUCs unclear.\ \ View Case](/content/market-insights#/index.html)

\ Yellow Corporation\ \ District of Delaware\ \ Filing Date: \ \ 8/6/2023\ \ Second Amended Plan filed; Confirmation Hearing 2/9/25.\ \ View Case](/content/market-insights#/index.html)

\ FTX Trading Ltd\ \ District of Delaware\ \ Filing Date: \ \ 11/11/2022\ \ Plan confirmed. Effective Date expected Jan 2025. Initial distributions expected Jan 2025 for convenience claims, Mar 2025 for other creditors.\ \ View Case](/content/market-insights#/index.html)

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Case

District

Filed

Overview

Status

Trading

Market

Action

Genesis Global Holdco

Southern District of New York

11/19/2023

Plan confirmed. Three distributions to date. Additional, smaller distributions expected over 3-4 years as the debtors monetize litigation claims and DCG paper.

Featured

High

Buyers/Sellers

View Claims

SWC Industries LLC

Northern District of California

11/14/2024

Sale of four industrial businesses; $50-100M in liabilities, primarily 1L funded debt.

Vroom Inc.

Southern District of Texas

11/13/2024

Prepackaged BK. Plan support parties include 1L lenders, led by Mudrick, converting to equity. GUCs unimpaired.

Spirit Airlines, Inc.

Southern District of New York

11/18/2024

Prepack. B/S restructuring. GUCs unimpaired.

Northvolt AB

Southern District of Texas

11/21/2024

Freefall. Seeking to recapitalize or sell core assets including several battery gigafactories; $5.9B in est. liabilities

Stoli Group (USA), LLC

Northern District of Texas

11/27/2024

Freefall. B/S restructuring. GUCs unclear.

Yellow Corporation

District of Delaware

8/6/2023

Second Amended Plan filed; Confirmation Hearing 2/9/25.

FTX Trading Ltd

District of Delaware

11/11/2022

Plan confirmed. Effective Date expected Jan 2025. Initial distributions expected Jan 2025 for convenience claims, Mar 2025 for other creditors.

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@xclaiminc Mar 15

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Real NCAA athletes are already turning their claim into cash.

Many athletes are choosing money now instead of waiting years.

See what your claim could be worth. {Link in bio}

#CollegeAthletes #NIL #NCAAsettlement #NILsettlement #xclaim https://t.co/j8Wmsl3Q7m

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Mar 15

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@xclaiminc Mar 11

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Athletes in 46 states can already sell their NCAA settlement claim through Xclaim.

That’s MORE coverage than other claims marketplace. Swipe to see the 4 states we can’t support yet - but we’re working to change that soon. Find out what your claim could be worth via the link in https://t.co/YTFTWVoiUI

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Mar 11

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@xclaiminc Mar 10

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Another athlete who chose certainty today over waiting years. Gerald Nathan (University of Missouri Football) sold his NCAA settlement claim through Xclaim and received a fast lump-sum payout.

“The transaction was simple, quick and to the point.”

If you’re an NCAA athlete with https://t.co/gpgipiOFCv

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Mar 10

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@xclaiminc Mar 2

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You worked too hard to wait. Getting an instant offer for your #NCAA settlement claim to get your lump sum only takes a few moments - just be sure to have these items ready.

Get started at https://t.co/yDaEUE5kXo #NCAAsettlement #xclaim #StudentAthlete #NIL #CFB https://t.co/oijhtI5xow

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Mar 2

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@xclaiminc Feb 27

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“I didn’t want to wait years to get paid.”

Reggie made the call to sell his #NCAA settlement claim and get cash now.

No stress. No uncertainty. Just a real offer.

See your offer → [link in bio] #NCAAsettlement #CollegeFootball #StudentAthlete #NIL #CFB https://t.co/E77xTTGjty

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Feb 27

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@xclaiminc Feb 27

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“I didn’t want to wait years to get paid.”

Reggie made the call to sell his #NCAA settlement claim and get cash now.

No stress. No uncertainty. Just a real offer. See your offer → [link in bio]

#NCAAsettlement #CollegeFootball #StudentAthlete #NIL #CFB https://t.co/hkgFEo8cwV

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Feb 27

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@xclaiminc Feb 18

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“I didn’t realize I could actually sell it.  I can't lie, I was skeptical at first.”

Most athletes don’t but now you know. He checked his value. He made his move.

See your offer → {link in bio}

#ncaa #CollegeFootball #studentathlete #nil #CFB #NCAAsettlement https://t.co/OK0x3upod0

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Feb 18

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@xclaiminc Feb 18

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“I didn’t want to wait years to get paid.” Reggie made the call to sell his #NCAA settlement claim and get cash now.

No stress. No uncertainty. Just a real offer. See your offer → [link in bio]

#NCAAsettlement #CollegeFootball #StudentAthlete #NIL #CFB https://t.co/9ASDom82A9

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Feb 18

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@xclaiminc Aug 14

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ICYMI: Have a listen of today's conversation about #Linqto --> https://t.co/xfkKHgTupT

To see the presentation go here --> https://t.co/l7Zd2UfBce

\ \ twimg.com](https://abs.twimg.com/emoji/v2/svg/26a0.svg "https://abs.twimg.com/emoji/v2/svg/26a0.svg")

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Aug 14

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@xclaiminc Aug 14

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Terms Document: Here is a direct link to view the terms document and to support --> https://t.co/dxKMc6YqhP

docsend.com

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Market Stats

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FTX Price Chart

Estimated illiquid estate assets decreased in March when the estate proposed selling the Debtors shares in Anthropic to a consortium of investors for $884m. Although this was below the estimated value of $1.4b, the estate still has approximately $1.5b in illiquid assets, including its other venture investments, Bahamas real estate, and ICO tokens.

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Transfer volume in FTX for the end of July was large as sale of the BlockFi claim led to significant secondary transfers to other buyers. Diameter led the purchase of the $875M claim and then parts were resold to Silverpoint, Hudson Bay, King Street, Farallon, and Canyon. Institutional purchasers now hold over $5B of claims.

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Articles

.jpg)\ Yellow Corp. Files Disclosure Statement, Clearing Path to Confirmation \ Yellow Corporation files its third amended disclosure statement, advancing its Chapter 11 liquidation plan. Learn about the global settlement, projected creditor recoveries, and key dates impacting claimholders.](/content/blog/yellow-corp-files-disclosure-statement-clearing-path-to-confirmation/index.html)

Articles

\ Understanding Your FTX Stub Claim \ Learn what your FTX stub claim is, how future distributions work, and why selling your claim now through Xclaim could help you lock in value, avoid risk, and gain faster financial recovery.](/content/blog/understanding-ftx-stub-claim/index.html)

Articles

\ The Bankruptcy Process Explained \ When a company owes you money and files for Chapter 11 bankruptcy, it can be confusing and concerning. This article breaks down what Chapter 11 is, why companies use it, and what it means for you as a claim holder. Understanding this process can help you set realistic expectations about recovering the money you are owed.](/content/blog/the-bankruptcy-process-explained/index.html)

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\ Chapter 11 Bankruptcy Basics for Claim Holders \ Chapter 11 bankruptcy allows businesses and certain individuals to reorganize their debts while continuing operations. This overview will help claim holders understand the Chapter 11 process, which is vital for navigating financial challenges and how to navigate the claims selling market.](/content/blog/chapter-11-bankruptcy-basics-for-claim-holders/index.html)

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\ Navigating Chapter 11 as an Unsecured Creditor \ This guide provides unsecured creditors with practical steps and strategies to navigate Chapter 11 bankruptcy effectively. It emphasizes the importance of understanding creditor rights, actively participating in the bankruptcy process, and utilizing available resources to protect financial interests.](/content/blog/navigating-chapter-11-as-an-unsecured-creditor/index.html)

Articles

\ Understanding Preference Payments in Bankruptcy \ Discover the essentials of preference payments in bankruptcy, including definitions, legal defenses, and strategies for managing claims. Learn how Xclaim's marketplace can help you sell your claims efficiently and maximize your recovery.](/content/blog/understanding-preference-payments-in-bankruptcy/index.html)

Articles

\ Special Claims - 503(b)(9), Reclamation, PACA, and Others \ Although everyone with a right to payment on the day of the petition gets a bankruptcy claim, there are many different types of claims. This short summary provides some pointers to consider to see if you might have special treatment.](/content/blog/special-claims-503b9-reclamation-paca/index.html)

Articles

\ So you’ve got a bankruptcy claim. Now what? \ When a customer goes bankrupt money that they owe you, including contracts you have with them, become bankruptcy claims. What is a bankruptcy claim? How can you receive money for your claim? In this article we discuss what a claim is and how to make sure you have the right claim amount.](/content/blog/bankruptcy-claim-options/index.html)

Articles

\ Navigating Your Claim Sale: From Finding the Best Price to Negotiating Trading Agreements Like a Pro \ While selling claims has certainly become easier, many creditors may be unfamiliar with the specifics. Creditors may have questions about the sale process or key provisions of the sale agreement, particularly as they relate to crypto claims. This article hopes to answer some of these questions.](/content/blog/navigating-your-claim-sale/index.html)

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