Global Wound Care Medical Group, a Professional Corporation

  1. October 14, 2025

    First Brands CEO Resigns, Spirit Wins $200M DIP Facility

    Bankrupt auto parts maker First Brands' founder stepped down as CEO. Spirit Airlines won approval for $200 million in debtor-in-possession financing and a settlement with its lessor. Global Wound Care warned that delayed Medicare payments, worsened by the government shutdown, threaten its liquidity. And a Delaware judge approved CareerBuilder + Monster's Chapter 11 plan. This is the week in bankruptcy.

  2. October 07, 2025

    Global Wound Care Flags Medicare Delay Amid Shutdown

    Specialty medical practice Global Wound Care has told a Texas bankruptcy judge it is waiting on $27.2 million in Medicare reimbursement payments, saying the risk that the delays could put it into a liquidity crisis is compounded by the federal government shutdown.

  3. November 07, 2024

    The Story Behind Global Wound Care Group's Ch. 11

    Allegations of potential fraud at Global Wound Care Group helped drive it toward seeking bankruptcy protection in Texas, with a year-long federal investigation now hanging over its Chapter 11 case.

  4. October 30, 2024

    Meet The Attys Behind Global Wound Care's Ch. 11

    A team of attorneys from Dentons US LLP is representing Los Angeles-based Global Wound Care Group in its Delaware Chapter 11, which the company said follows "unsubstantiated allegations of fraud" by an outside Medicare payment monitor that led it to lose more than 90% of its income.

  5. October 29, 2024

    Catching Up With New Bankruptcy Case Action

    Several companies filed for bankruptcy this past week, grappling with litigation, unforeseen events such as the loss of a key investor, and continued financial challenges stemming from the COVID-19 pandemic and persistent macroeconomic pressures, including high inflation. 

  6. October 28, 2024

    Ex-Judge Can't Shield Bank Docs; Tupperware Agrees To Sale

    Former Bankruptcy Judge David R. Jones lost a bid to shield his banking records from a U.S. Trustee's Office probe into his undisclosed romantic relationship with a onetime Jackson Walker LLP partner.

  7. October 24, 2024

    DOJ Says Bankrupt Wound Care Group Under Investigation

    The U.S. Department of Justice on Thursday told a Texas bankruptcy judge it has concerns about the Chapter 11 filing of a California wound care practice, saying it has been under investigation for possible false billing claims for more than a year.

  8. October 22, 2024

    LA-Based Wound Group Hits Ch. 11 After Medicare Pay Pause

    A Los Angeles-based multistate wound care practice has filed for Chapter 11 protection in a Texas bankruptcy court, saying it can't pay nearly $156 million in charges from its management company after its Medicare payments were suspended last month.