On November 4, 2025, Strategic Value Partners, LLC (“SVP”)-owned, Luxembourg-HQ’d Klöckner Pentaplast GmbH, Kleopatra Finco S.à r.l., and twenty-three affiliates (collectively, the “debtors” and together with their non-debtor subsidiaries, the “company”) filed chapter 11 prepackaged cases … *sigh* … ~5.2k miles from home in the Southern District of Texas (Judge Lopez).*
Substack is the home for great culture


