July 18, 2025
A team of lawyers from Milbank LLP and Porter Hedges LLP is overseeing the Chapter 11 bankruptcy of LifeScan Global Corp., a blood glucose monitoring device maker, as it seeks to reduce debt through a restructuring plan set for confirmation in September.
July 16, 2025
LifeScan Global Corp., a company that makes blood glucose monitoring devices, has filed for Chapter 11 protection in Texas bankruptcy court with $1.7 billion of debt and a plan supported by its private equity backer to trim more than 75% of debt by handing the business to existing lenders.