Rite Aid Corporation

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Case overview

Case Number:

3:23-bk-18993

Court:

New Jersey

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

January 17, 2024
Rite Aid Ch. 11 Stay Doesn't Apply To Execs, Investors Say

Rite Aid shareholders urged a Pennsylvania federal court this week to not pause their class claims alleging company executives made misleading statements about the pharmacy retailer's opioid-related liabilities, asserting that the individuals named in the lawsuit are not covered by an automatic stay in the firm's ongoing Chapter 11 case.
January 16, 2024
11 More Rite Aid Locations Up For Sale In Ch. 11

The real estate adviser for bankrupt pharmacy chain Rite Aid Corp. announced Tuesday it was putting eight more leases and three more company-owned stores up for private sales.
January 09, 2024
Rite Aid Gets OK For $575M Sale Of Pharma Benefits Program

A New Jersey bankruptcy judge on Tuesday gave drugstore chain Rite Aid the go-ahead to accept a $575 million bid for its Elixir prescription benefits program after hearing the company had received no other offers.
January 01, 2024
Retail Cases To Watch In 2024

A wide variety of cases are likely to keep retail industry attorneys busy in 2024, including high-profile antitrust actions against Amazon and Google, a growing number of greenwashing disputes, and skirmishes between major retailers and their increasingly unionized workforces.
December 20, 2023
The Top Bankruptcy Cases And Issues Of 2023

With the curtain closing on 2023, bankruptcy experts say the past year has featured cases and legal issues of great importance to the practice area that will have implications for years to come.
December 20, 2023
Rite Aid To Begin Ch. 11 Mediation After DIP Approval

Bankrupt pharmacy chain Rite Aid Corp. told a New Jersey judge Tuesday that it intends to begin mediation over its Chapter 11 plan in the new year with a goal of reaching consensus with creditors ahead of a February confirmation hearing.
December 14, 2023
Rite Aid Union Denied Contact Info On Ch. 11 Sale Bidders

A New Jersey bankruptcy judge Thursday denied the Service Employees International Union's claim it is entitled to information on how to contact potential buyers of the Rite Aid locations where its members work, saying that's not a part of its contract with the bankrupt drugstore chain.
November 21, 2023
February Hearing Set For Rite Aid Restructuring Plan

A New Jersey bankruptcy judge Tuesday told counsel for Rite Aid Corp. and the creditors in its Chapter 11 case that he will be handing down a decision on its restructuring plan at the end of February.
November 17, 2023
Rite Aid Asks NJ Bankruptcy Court To Stay Ohio Opioid Case

Rite Aid Corp. asked a New Jersey bankruptcy judge to issue an injunction blocking the federal government from litigating a whistleblower suit in Ohio over the filling of illegal opioid prescriptions until the bankruptcy court can approve a reorganization plan.
November 16, 2023
DOJ Wants More Time For Rite Aid's Ch. 11 Claims Bar Date

The U.S. Department of Justice told a New Jersey bankruptcy court Thursday that it would insist upon having 180 days to file claims against the estate of bankrupt pharmacy chain Rite Aid, even as the debtor and other parties expressed concern such a long time frame could sink the bankruptcy.