Chicken Soup for the Soul Entertainment, Inc., along with its 21 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on June 28, 2024. The debtor listed both its assets and liabilities in the range of $500 million to $1 billion. The debtor is represented by Ricardo Palacio of Ashby & Geddes, P. A. and Mark W. Eckard of Reed Smith LLP as its legal counsels.