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Surgalign Holdings, Inc. – Sale Hearing for Digital Assets Postponed as...
August 8, 2023 – Following the receipt of a post-auction bid for their "Digital Assets" (see description of Digital Health Business below), the Debtors have thrown a wrench into what appeared to be a...
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Amyris, Inc. – Loss-Making Synthetic Biotech Company Files for Bankruptcy...
[Just filed. Developing story.] August 9, 2023 – Amyris, Inc. and seven affiliated debtors (Nasdaq: AMRS; together “Amyris” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy...
View ArticleSAS AB – Court Grants Third Lengthy Set of Exclusivity Extensions for as...
August 10, 2023 – The Court hearing the SAS AB cases has extended (for a third time) the periods during which the Debtors have an exclusive right to file a Plan and solicit acceptances thereof, through...
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Condor Inversiones SpA – Holding Companies for Chilean Wind and Solar...
[Just filed. Developing story.] August 11, 2023 – Condor Inversiones SpA and two affiliated debtors (together, the “Inversiones Debtors” or the “Debtors”) filed for Chapter 11 protection with the U.S....
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Sorrento Therapeutics, Inc. – Court Approves Judge Isgur-Driven Mediation...
August 14, 2023 – The Court hearing the Sorrento Therapeutics, Inc. issued an order approving a settlement reached with Nant Parties* arrived at after mediation conducted by Judge Marvin Isgur [Docket...
View ArticleBenitago Inc. – Amazon Seller Aggregator Files for Bankruptcy with Over...
[Just filed. Developing story.] August 30, 2023 – Benitago Inc. and 28 affiliated debtors; together “Benitago” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
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Soft Surroundings Holdings, LLC – Women’s Apparel and Soft Furnishing...
September 10, 2023 – Soft Surroundings Holdings, LLC and three affiliated debtors (together “Soft Surroundings” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
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Noble House Home Furnishings, LLC – E-Commerce/Big Box Furniture Distributor...
September 11, 2023 – Noble House Home Furnishings, LLC and three affiliated debtors (“Noble House” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern...
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Sorrento Therapeutics, Inc. – After Court-Approved Purchaser Oramed Gets Cold...
September 12, 2023 – The Court hearing the Sorrento Therapeutics, Inc. cases issued an order: (i) approving the sale of the Debtors’ Scilex Stock to Junior DIP Lender Scilex Holding Company...
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American Physician Partners, LLC – As Flagged at End of July, Emergency Room...
September 18, 2023 –American Physician Partners, LLC* and 99 affiliated debtors (“American Physician Partners,” “APP,” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court...
View ArticleEvangelical Retirement Homes of Greater Chicago, Incorporated – Seeks 60-Day...
September 20, 2023 – The Debtor filed a motion to extend the periods during which it has an exclusive right to file a Plan, and solicit acceptances thereof, through and including December 6, 2023 and...
View ArticleYellow Corporation – Court Approves Stalking Horse Arrangements with Estes...
September 21, 2023 – The Court hearing the Yellow Corporation cases issued an order approving: (i) stalking horse arrangements with Estes Express Lines (“Estes,” $1.525bn cash bid) in relation to the...
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Muzik Inc. – “Disruptive Technology Company” with Big Aspirations for...
[Just filed. Developing story.] September 27, 2023 – Muzik Inc. (“Muzik” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Central District of California, lead case...
View ArticleVenator Materials PLC – Settlement with Czech Shareholder, Facing a Contempt...
September 25, 2023 – The Court hearing the Venator Materials PLC cases issued an order approving a settlement that will allow the Debtors to proceed with steps that are necessary to the implementation...
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Barretts Minerals Inc. – Montana Talc Mine Operators, Subsidiaries of...
[Just filed. Developing story.] October 2, 2023 – Barretts Minerals Inc. and one affiliated debtor (together “BMI” or the “Debtors*”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in...
View ArticleZymergen Inc. – Boston-Based Ginkgo Bioworks Puts Onetime Biotech Darling...
[Just filed. Developing story.] October 3, 2023 – Zymergen Inc. and three affiliated debtors (together “Zymergen” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the...
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Hartman SPE, LLC – Kicking Off Portfolio Clearance Sale, Court Approves...
October 5, 2023 – The Court hearing the Hartman SPE, LLC cases issued orders approving the private sales of two of the Debtor’s real properties, namely: (i) the $12.85mn sale of Fondren Road Plaza to...
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DirectBuy Home Improvement, Inc. – Home Furnishings Company dba ZGallerie,...
October 17, 2023 – DirectBuy Home Improvement, Inc. (dba ZGallerie; “ZGallerie” or the “Debtor”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of New Jersey, lead case...
View ArticleAir Methods Seeking Relief through Ch. 11
Bloomberg is reporting that Air Methods is working a deal with its first lien debt holders to take control of the air ambulance service through a Chapter 11 bankruptcy. You can find the first lien debt...
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Air Methods Corporation – Leading Air Medical Service Provider Files...
October 24, 2023 – Air Methods Corporation and 15 affiliated debtors (together “Air Methods” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Souther District of...
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