Modivcare Wins Approval For Debt Swap In Ch. 11

By Emily Lever · December 12, 2025, 6:54 PM EST

A Texas bankruptcy judge agreed Friday to approve medical transportation company Modivcare's Chapter 11 plan, following a four-day valuation trial, clearing the way for the debtor's planned $1.1 billion debt-equity swap....

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Case Information

Case Title

ModivCare Inc. and VRI Intermediate Holdings, LLC

Case Number

4:25-bk-90309

Court

Texas Southern

Nature of Suit

Date Filed

August 20, 2025