Rite Aid Given Until Tuesday To File Ch. 11 Schedule

By Emlyn Cameron · May 24, 2024, 4:41 PM EDT

A New Jersey bankruptcy judge on Friday instructed Rite Aid to file a proposed schedule for its Chapter 11 plan confirmation process by Tuesday, after Johnson & Johnson accused the pharmacy...

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Bankruptcy Scorecard

Summary

Bankrupt drugstore chain Rite Aid filed for Chapter 11 Oct. 15 with plans to close more retail locations, sell its pharmacy benefits manager business and shed some of its $4 billion of total funded debt.

Case Number

3:23-bk-18993

Judge

Michael B. Kaplan

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

$4 billion

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Case Information

Case Title

Rite Aid Corporation

Case Number

3:23-bk-18993

Court

New Jersey

Nature of Suit

Date Filed

October 15, 2023