Invitae Corporation

  1. May 30, 2024

    Invitae Ch. 11 Creditor Standing Issue Sent To Mediation

    A New Jersey bankruptcy judge on Thursday referred to mediation a motion from Invitae Corp.'s unsecured creditors seeking standing to bring actions on behalf of the debtor's estate, explaining that while he is able to decide on the matter, he hoped to avoid the costs of litigating the question.

  2. May 07, 2024

    Prepetition Waivers Sway Invitae Judge On Kirkland Hire

    A New Jersey bankruptcy judge approved the retention of Kirkland & Ellis LLP as bankruptcy counsel for debtor Invitae Corp. Tuesday, the same day he approved a $239 million sale of its assets to Labcorp.

  3. April 29, 2024

    ABI's New Prez, Scammers Charged, Giuliani To Appeal

    The American Bankruptcy Institute named Polsinelli attorney Christopher A. Ward as its new president, the Office of the United States Trustee charged two with fraud for petition preparation services, and Rudy Giuliani asked a New York judge for permission to appeal his $148 million defamation verdict to the D.C. Circuit.

  4. April 26, 2024

    Invitae Defends Its Ch. 11 Hire Of Kirkland Against DQ Bid

    Bankrupt genetic-testing company Invitae Corporation has told a New Jersey bankruptcy judge that attempts to disqualify Kirkland & Ellis LLP as its bankruptcy counsel are baseless and no conflicts exist for the firm due to its representation of a creditor in other legal matters.

  5. April 25, 2024

    Labcorp Makes $239M Bid In Invitae's Ch. 11 Auction

    SoftBank-backed genetic testing company Invitae has informed a New Jersey bankruptcy judge that its asset sale auction resulted in a successful $239 million cash bid, along with other noncash considerations, from laboratory services giant Labcorp.

  6. April 08, 2024

    Kirkland Too Conflicted To Be Invitae Counsel, Creditors Say

    The unsecured creditors' committee for bankrupt Invitae Corp. has objected to the genetic testing company's retention of Kirkland & Ellis LLP, saying the firm was conflicted and could not represent Invitae while continuing to represent key parties to a disputed 2023 transaction.