Sorrento Cleared For Ch. 11 Loan Over Nant Entity Objection

By Vince Sullivan · February 21, 2023, 7:02 PM EST

Bankrupt pharmaceutical research company Sorrento Therapeutics received interim approval Tuesday for a $75 million Chapter 11 loan after a Texas judge overruled objections from a litigation foe of the debtor's that...

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Case Information

Case Title

Sorrento Therapeutics, Inc. and Official Committee of Unsecured Creditors

Case Number

4:23-bk-90085

Court

Texas Southern

Nature of Suit

Date Filed

February 13, 2023