Vyaire Medical, Inc.
Case Number:
1:24-bk-11217
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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September 05, 2024
Healthcare Cos. Using Ch. 11 As Life Support In 2024
Several healthcare companies, including ventilator maker Vyaire Medical Inc. and hospital operator Steward Health Care System, have filed for bankruptcy this year, citing issues like a post-pandemic revenue drop and ballooning expenses colliding with declining government reimbursements.
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September 03, 2024
Steward Gets Hospital Deal; Pause Urged For Judge Shop Ban
Steward Health Care reached a tentative deal to keep most of its hospitals operating, Jackson Walker LLP and the U.S. Trustee's Office traded blows at a hearing over deposition disputes, and a group of asbestos claimants urged the Fourth Circuit to toss Bestwall's bankruptcy, alleging the Georgia-Pacific unit isn't actually facing financial distress.
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August 26, 2024
Ventilator Co. To Liquidate After Closing Ch. 11 Sales
Ventilator maker Vyaire Medical on Monday told a Delaware bankruptcy judge it will be closing on going-concern sale bids for its businesses that fell nearly $50 million short of its hopes, and it will be winding down its remaining assets.
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June 13, 2024
Meet The Team Guiding Ventilator Co. Vyaire Through Ch. 11
A group of attorneys from Cole Schotz PC and Kirkland & Ellis PC is steering Vyaire Medical Inc., a producer and distributor of medical ventilators, through its Chapter 11 case in Delaware after a reversal of fortunes saw a precipitous drop in revenue for the company in 2023.
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June 11, 2024
Ventilator Maker Can Tap $25M DIP In Ch. 11
Vyaire Medical Inc., a producer and distributor of medical ventilators, received a Delaware bankruptcy judge's approval Tuesday to borrow $25 million in debtor-in-possession financing as it pursues a Chapter 11 sale of its assets.
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June 10, 2024
Ventilator Co. Vyaire Hits Ch. 11 As COVID Demand Wanes
Vyaire Medical Inc., a company that makes breathing ventilators and other respiratory treatment and diagnosis products, filed for Chapter 11 protection in Delaware after demand for its products waned following the COVID-19 pandemic.