September 12, 2025
Purdue will ask a bankruptcy court to approve a retention incentive package for its CEO. Tilson Technology is scheduled for a hearing on its request for permission to complete a proposed asset sale. And the judge overseeing Steward Health Care's bankruptcy will consider whether to compel two hospital buyers to make payments and defend against accusations of contempt.
September 08, 2025
The Office of the U.S. Trustee has appointed a seven-member committee of unsecured creditors in the Chapter 11 bankruptcy of medical transportation company Modivcare Inc., including an affiliate of the ride-hailing company Uber.
September 04, 2025
Nonemergency medical transportation company ModivCare Inc. was pushed towards bankruptcy by issues like state budget cuts, competition from smaller companies and the large amount of debt it hauled along with limited cash.
August 27, 2025
Medical transportation company Modivcare has brought together attorneys from Latham & Watkins LLP and Hunton Andrews Kurth LLP to help steer it through a Chapter 11 aimed at addressing $1.1 billion in debt.
August 26, 2025
A medical transportation company entered Chapter 11 in Texas to address $1.1 billion in debt, a business that rented out audiovisual equipment sought to begin liquidation in California, and the company that owns a Wisconsin biomethane plant went bankrupt with a prepackaged plan to be considered on Sept. 30.
August 21, 2025
Technology-enabled healthcare services company Modivcare Inc. filed for Chapter 11 protection in Texas bankruptcy court with plans to recapitalize its balance sheet and cut $1.1 billion of debt.