📉Bankruptcy & Restructuring today

📉Bankruptcy & Restructuring today

New Delaware Chapter 11 Filing – Orchard Acquisition Company, LLC

Orchard Acquisition Company, LLC, along with four of its affiliates and subsidiaries (including the J.G. Wentworth Company, LLC), has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 17-12914).

The Petition estimates the Debtors’ assets and liabilities to both be between $100 – $500 million.

Bankruptcy & Restructuring

https://www.csbankruptcyblog.com/2017/12/articles/recent-developments/new-delaware-chapter-11-filing-orchard-acquisition-company-llc/

New Delaware Chapter 11 Filing – Dextera Surgical Inc.

Dextera Surgical Inc. (NASDAQ: DXTR), a designer and manufacturer of surgical devices based in Redwood City, CA, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 17-12913).

The Petition estimates that Dextera has $10 – $50 million in both assets and liabilities.

Bankruptcy & Restructuring

https://www.csbankruptcyblog.com/2017/12/articles/recent-developments/new-delaware-chapter-11-filing-dextera-surgical-inc/