23andMe Holding Co.
Case Number:
4:25-bk-40976
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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June 04, 2025
23andMe, Bidders Agree To Post-Ch. 11 Auction Offer Process
The winner of 23andMe's Chapter 11 auction and a nonprofit started by its co-founder can improve their offers to acquire the DNA testing company under procedures agreed to Wednesday in Missouri bankruptcy court, despite disruptions from a tornado warning and an attorney letting slip nonpublic details of an offer.
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June 03, 2025
Canada Customers Agree To Halt 23andMe Data Breach Suits
23andMe and Canadian customers suing over a data breach agreed on Tuesday to pause lawsuits against non-bankrupt third parties for up to six months amid the DNA testing company's Chapter 11 proceedings in Missouri.
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June 02, 2025
23andMe Founder Pushes Alternative Ch. 11 Sale
The founder of 23andMe has urged a Missouri bankruptcy court to revisit the $256 million sale of the company's assets to Regeneron, saying she has a better bid backed by an unnamed corporation.
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May 27, 2025
23andMe Agrees To Sale, Rite Aid Pharmacy Deals Get OK
Regeneron Pharmaceuticals emerged as the winning bidder for 23andMe last week, agreeing to buy the genetics testing company out of bankruptcy for $256 million. Meanwhile, a judge approved Rite Aid's sale of pharmacy assets to CVS, Walgreens and others, and tensions flared during a hearing in Texas on disputes stemming from an undisclosed romance between a former Jackson Walker attorney and bankruptcy judge.
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May 22, 2025
Senators Unveil DNA Privacy Bill Amid 23andMe's Ch. 11 Sale
A bipartisan group of U.S. senators on Thursday introduced a bill designed to safeguard customers' genetic information in bankruptcy cases, saying 23andMe's plan to sell users' DNA data to a pharmaceutical company during its Chapter 11 raises new concerns surrounding consumer privacy.
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May 12, 2025
Rite Aid Back In Ch. 11, Tupperware Gets OK To Liquidate
Drugstore chain Rite Aid reentered bankruptcy less than a year after its earlier reorganization plan was approved, and received a bankruptcy court's permission to conduct asset sales. Food storage container maker Tupperware Brands Corp. received court approval for its Chapter 11 liquidation plan. And a Washington University law professor was named the consumer privacy ombudsman in 23andMe's Chapter 11 case.
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May 12, 2025
23andMe DNA Data Sale In Ch. 11 Tests Ombudsmen's Reach
23andMe's high-stakes plan to sell customers' genetic data in bankruptcy is poised to test the limits of court-appointed consumer privacy advocates in Chapter 11 and the 20-year-old law that created them, as concerns mount over how the potentially novel deal will affect highly sensitive personal information.
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May 06, 2025
23andMe Gets WashU Law Prof For Privacy Ombudsman
The Office of the U.S. Trustee said Tuesday it had appointed Washington University School of Law Professor Neil M. Richards as consumer privacy ombudsman in 23andMe's Chapter 11 case to vet a sale process for the genetics testing company that's slated to include millions of users' DNA information.
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May 05, 2025
23andMe Gets Privacy Watchdog, Yellow Investors Push Ch. 7
A Missouri bankruptcy judge signed off on a consumer privacy watchdog for 23andMe's Chapter 11. A group of shareholders and unsecured creditors that previously supported Yellow Corp. attempting a Chapter 11 plan have shifted gears and asked a Delaware bankruptcy judge to convert the case to a Chapter 7 liquidation. Chicken restaurant Sticky's won a Delaware bankruptcy judge's tentative permission to sell its assets to an investment fund for $2 million.
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May 02, 2025
23andMe Says 1.3M Customers Have Asked To Delete Data
23andMe executives told a meeting of creditors Friday that more than 1.3 million customers have asked the DNA testing company to cancel their accounts and delete their genetic information since it entered Chapter 11.