Exactech, Inc.

  1. March 21, 2025

    Exactech Strikes $10M Deal With TPG In Ch. 11

    Counsel for medical implant maker Exactech Friday told a Delaware bankruptcy judge it has reached a $10 million settlement of potential claims against its equity sponsor a week before it will seek approval to send its Chapter 11 plan out for a vote.

  2. March 07, 2025

    Implant-Maker Seeks DIP Shifts To Free $31M In Ch. 11 Funds

    Medical implant maker Exactech asked a Delaware bankruptcy judge to approve debtor-in-possession loan changes that would free up $31 million, saying it's running low on funding for its Chapter 11 case.

  3. February 04, 2025

    Implant Maker Exactech Must Fix Disclosures For Ch. 11 Vote

    A Delaware bankruptcy judge on Tuesday rejected medical implant maker Exactech Inc.'s bid to send its Chapter 11 plan out for voting, saying a disclosure statement attached to the proposal lacked critical information about how personal injury claims would be treated.

  4. January 31, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Lenders for Tupperware said the company's Chapter 11 case does not need a committee to represent retired workers, the U.S. Trustee's Office opposed third-party releases in a pair of Chapter 11 cases and hardware retailer True Value wants more time to pursue its Chapter 11 plan.

  5. January 24, 2025

    Exactech Execs Get OK For Bonuses In Bankruptcy

    A Delaware bankruptcy judge on Friday gave bankrupt medical implant manufacturer Exactech permission to pay its top executives up to $5 million in bonuses based on the result of its upcoming asset auction.

  6. January 23, 2025

    Exactech Seeks Bonuses For Top Execs For Ch. 11 Sale

    Bankrupt medical implant manufacturer Exactech asked a Delaware bankruptcy judge Thursday for permission to pay up to $5 million in bonuses to its top executives, saying they are performing necessary work for the company's sale plans.

  7. December 20, 2024

    Under The Radar: Bankruptcy News You May Have Missed

    Bankrupt cryptocurrency company Celsius Network warned of another phishing attempt, a Brooklyn condo developer's Chapter 11 case was dismissed and a Canadian power services company reached a settlement with the owner of its debt.

  8. December 06, 2024

    Under The Radar: Bankruptcy News You May Have Missed

    A Texas oil and gas driller is seeking permission to sell its oilfields, while the U.S. Trustee's Office is looking to shut another oil producer's yearslong Chapter 11 down, and creditors of a bankrupt medical implant maker are alleging the debtor's bankruptcy financing and sale plans are a way for its private equity sponsor to weasel out of product liability claims.

  9. November 05, 2024

    Catching Up With New Bankruptcy Case Action

    Several companies sought Chapter 11 bankruptcy protection this week, reflecting diverse challenges across industries. TGI Fridays and Rainbow Production Services cited economic pressures and a post-COVID downturn, while Star Transportation and New Jersey nonprofit CarePoint Health Systems pointed to rising costs and funding issues that intensified after the pandemic. 

  10. November 01, 2024

    Meet The Attorneys Guiding Exactech In Ch. 11

    Joint implant manufacturer Exactech has hired attorneys from Ropes & Gray LLP and Young Conaway Stargatt & Taylor LLP, as the company's senior lenders prepare to make a stalking horse bid for its assets in a Chapter 11 case.