Brief

Omnicare Gets OK To Nix Pharmacy Leases In Ch. 11

By Alex Wittenberg · October 21, 2025, 6:31 PM EDT

Omnicare LLC, a CVS Health subsidiary that provides pharmacy services for long-term care facilities, received a Texas bankruptcy judge's permission Tuesday to reject leases for pharmacies and its former headquarters as...

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Bankruptcy Scorecard

Summary

Omnicare LLC, CVS Health's subsidiary that provides pharmacy services for long-term care facilities, filed for Chapter 11 to secure "breathing room" from a nearly $1 billion False Claims Act judgement while they restructure their operations.

Case Number

8:25-bk-80486

Judge

Stacey G Jernigan

Venue

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

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Related Sections

Case Information

Case Title

Omnicare, LLC

Case Number

8:25-bk-80486

Court

Texas Northern

Nature of Suit

Date Filed

September 22, 2025

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