Optio Rx, LLC

1:24-bk-11188

September 05, 2024
US Trustee Blasts Releases In Optio Ch. 11 Plan

The U.S. Trustee's Office has asked a Delaware bankruptcy judge to reject Optio Rx LLC's Chapter 11 plan, saying it contains impermissible third-party releases that are overly broad in scope and period.
July 01, 2024
Optio Rx Scores Final Green Light On $10M DIP Deal

A Delaware bankruptcy judge on Monday gave Illinois-based specialty pharmacy chain Optio Rx final approval for a $10 million debtor-in-possession financing package to fund its Chapter 11 case after hearing issues regarding it had been resolved.
June 11, 2024
Pharmacy Co. Optio Gets Interim OK For $10M DIP Package

Illinois-based specialty pharmacy chain Optio received interim approval at a first-day hearing Tuesday in Delaware bankruptcy court to access a $10 million in new money debtor-in-possession financing to fund its Chapter 11.
June 11, 2024
Meet The Attorneys Formulating Optio Rx's Ch. 11

Specialty pharmacy chain Optio Rx has hired a legal team from boutique corporate and bankruptcy law firm Chipman Brown Cicero & Cole LLP, as it plans to swap debt for equity and cut down on some $235 million of debt through a Chapter 11 in Delaware.