Maverick Approved For Fabrication Biz Sale In Ch. 11

By Vince Sullivan · November 19, 2025, 6:54 PM EST

A Texas bankruptcy judge approved Maverick Gaming for a Chapter 11 sale of its fabrication business Wednesday, saying the company found the best deal for the assets even though the sale...

To view the full article, register now.

Bankruptcy Scorecard

Summary

Maverick filed for Chapter 11 bankruptcy protection owing $305 million on a secured term loan secured by all of its assets and saying it struggled to bounce back from the pandemic and survive in a crowded market.

Case Number

4:25-bk-90191

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

View Full Scorecard

Case Information

Case Title

RunItOneTime LLC

Case Number

4:25-bk-90191

Court

Texas Southern

Nature of Suit

Date Filed

July 14, 2025