Cano Judge Agrees To OK Ch. 11 Plan Disclosure Statement

By Emlyn Cameron · May 21, 2024, 4:24 PM EDT

A Delaware bankruptcy judge agreed on Tuesday to sign off on Miami-based primary healthcare group Cano Health Inc.'s Chapter 11 disclosure statement for purposes of soliciting creditor votes once the debtor...

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Bankruptcy Scorecard

Summary

Primary care group Cano Health Inc. confirmed a Chapter 11 plan to swap $933 million in debt for equity in the reorganized company after it filed for bankruptcy with a prepackaged plan to either restructure its $1.26 billion in debt or seek a buyer.

Case Number

1:24-bk-10164

Judge

Karen Owens

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.26 billion

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Related Sections

Case Information

Case Title

Cano Health, Inc., et al.

Case Number

1:24-bk-10164

Court

Delaware

Nature of Suit

Date Filed

February 04, 2024

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