Rite Aid Corporation

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Case overview

Case Number:

3:23-bk-18993

Court:

New Jersey

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

December 14, 2023
Rite Aid Union Denied Contact Info On Ch. 11 Sale Bidders

A New Jersey bankruptcy judge Thursday denied the Service Employees International Union's claim it is entitled to information on how to contact potential buyers of the Rite Aid locations where its members work, saying that's not a part of its contract with the bankrupt drugstore chain.
November 21, 2023
February Hearing Set For Rite Aid Restructuring Plan

A New Jersey bankruptcy judge Tuesday told counsel for Rite Aid Corp. and the creditors in its Chapter 11 case that he will be handing down a decision on its restructuring plan at the end of February.
November 17, 2023
Rite Aid Asks NJ Bankruptcy Court To Stay Ohio Opioid Case

Rite Aid Corp. asked a New Jersey bankruptcy judge to issue an injunction blocking the federal government from litigating a whistleblower suit in Ohio over the filling of illegal opioid prescriptions until the bankruptcy court can approve a reorganization plan.
November 16, 2023
DOJ Wants More Time For Rite Aid's Ch. 11 Claims Bar Date

The U.S. Department of Justice told a New Jersey bankruptcy court Thursday that it would insist upon having 180 days to file claims against the estate of bankrupt pharmacy chain Rite Aid, even as the debtor and other parties expressed concern such a long time frame could sink the bankruptcy.
November 02, 2023
Rite Aid Adds 24 Stores To Liquidation List In Ch. 11

Bankrupt drugstore chain Rite Aid Corp. added 24 stores to the list of locations it intends to liquidate and shutter in its Chapter 11 case Thursday, telling a New Jersey federal bankruptcy court the stores will join an initial batch of 154 stores slated for closing sales.
October 26, 2023
Rite Aid Gets Interim OK For Ch. 11 Deal With Meds Supplier

Rite Aid Corp. on Thursday temporarily resolved its dispute with medicine supplier McKesson Corp. to keep medicine deliveries to the bankrupt drugstore chain running uninterrupted, with the two parties agreeing to enact their settlement on an interim basis to allow unsecured creditors time to review it.
October 20, 2023
Rite Aid Looks To Shed Leases, Stores In Ch. 11 Reorg

Rite Aid Corp. announced plans this week to sell 78 Rite Aid and Bartell Drugs pharmacy leases, along with 21 fee-owned properties, as part of the company's sprawling bankruptcy case in New Jersey.
October 19, 2023
Bankrupt Rite Aid's New Directors To Earn $50K Per Month

Rite Aid Corp. will pay two new directors $50,000 per month to sit on the board of the bankrupt drugstore chain after awarding them $200,000 each for roughly three months of consulting work, the company said in a regulatory filing Thursday.
October 19, 2023
Rite Aid Cites 'Substantial Doubt' It Can Stay In Business

Pharmacy chain Rite Aid Corp. says its Chapter 11 bankruptcy filing Sunday has put at risk its ability to continue operating its business — citing in a quarterly report "substantial doubt" about whether it can "continue as a going concern."
October 18, 2023
Rite Aid Ch. 11 Shows NJ Is A Good Place To Go Bankrupt

Until recently, it would have been surprising if Rite Aid Corp. chose to file its $7.65 billion bankruptcy in New Jersey over the two other prominent courts nearby that handle most megacases. But that's exactly what the drugstore chain did on Sunday, likely lured by New Jersey's roster of experienced judges, corporate-friendly rulings and convenient location, lawyers told Law360.