New Rite Aid, LLC

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Case overview

Case Number:

3:25-bk-14861

Court:

New Jersey

Nature of Suit:

Firms

Companies

Government Agencies

State of Maryland

Sectors & Industries:

July 18, 2025
What's Happening In Bankruptcy Court This Coming Week

Bankruptcy judges will guide hearings in the coming days that concern issues including Nikola's Chapter 11 plan and disclosures, a youth mental health provider's plans for a real estate sale, and Rite Aid's proposed lease sales.
July 07, 2025
Celsius Ends FTX Clawback Suit, Rite Aid Unit Sale OK'd

FTX's Bahamas unit and bankrupt cryptocurrency lender Celsius Network reached a settlement resolving an adversary lawsuit seeking the return of around $517 million in pre-bankruptcy transfers. A New Jersey bankruptcy judge approved Rite Aid's roughly $19 million sale of an ice cream brand to a pair of billionaires behind Monster Energy. And insurers are challenging Avon's Chapter 11 plan, arguing it unfairly forces them to cover potentially invalid talc injury claims.
June 30, 2025
Monster.com Hits Ch. 11, Forever 21 Can Liquidate

The company behind Monster.com, a job search website, filed for bankruptcy relief with more than $100 million in liabilities, while Forever 21 received approval of its Chapter 11 liquidation plan and Party City secured a court's permission to send its liquidation plan out for a vote.
June 30, 2025
Rite Aid Cleared To Sell Thrifty Ice Cream For $19.2M In Ch. 11

National pharmacy chain Rite Aid can sell its ice cream brand Thrifty for $19.2 million, more than doubling the opening price of a Chapter 11 auction, after a New Jersey bankruptcy judge on Monday rejected a losing bidder's request to reopen the auction.
June 27, 2025
Rite Aid Picks $19.2M Bid For Thrifty Ice Cream In Ch. 11

Drugstore chain Rite Aid said it has reached a deal to sell its Thrifty Ice Cream brand to an entity tied to the chief executive of Monster Beverage Corp. for $19.2 million during its Chapter 11 case.
June 09, 2025
Rite Aid Gets Stay Of Appeals From Its Earlier Bankruptcy

The New Jersey bankruptcy judge overseeing Rite Aid's current insolvency case pressed pause Monday on appeals of orders he entered last year in the drugstore chain's previous Chapter 11.
June 06, 2025
Rite Aid Emphasizes It Will Pay Rent To Objecting Landlords

The twice-bankrupt drug store chain Rite Aid is seeking to reassure landlords who filed a spate of objections in recent days that it intends to continue meeting lease obligations despite its move to close some locations.
June 03, 2025
Maryland Says New Rite Aid Ch. 11 Doesn't Stop Plan Appeal

The state of Maryland has challenged bankrupt drug store chain Rite Aid's bid to extend the automatic stay in its second Chapter 11 case to the state's appeal of a confirmed plan in an earlier bankruptcy, saying the appeal has been fully briefed and won't harm the debtor.
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.
May 21, 2025
Rite Aid Cleared To Sell Pharmacy Assets To CVS, Others

A New Jersey bankruptcy judge Wednesday gave drugstore chain Rite Aid the go-ahead to transfer millions of prescriptions and dozens of stores to CVS, Walgreens and other pharmacy businesses in Chapter 11 transactions.

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