May 28, 2024
A report found that FTX counsel Sullivan & Cromwell was not involved in the pre-bankruptcy fraud at the cryptocurrency exchange, Alex Jones and his InfoWars podcast business are facing a June 15 deadline for progress in their Chapter 11 cases, and a former bankruptcy judge was accused of trying to force a false narrative tied to his romantic relationship with an attorney.
May 22, 2024
Optometry software maker Eye Care Leaders received a Texas bankruptcy court's approval Wednesday to sell its assets to its debtor-in-possession financing lender at a higher purchase price of $14.5 million.
April 26, 2024
A Texas bankruptcy judge has approved protections for optometry software company Eye Care Leaders Portfolio Holdings LLC's stalking horse bidder, allowing the company to pay private equity firm Create Capital a 3% breakup fee on its $11 million offer.
March 11, 2024
A Texas bankruptcy judge on Monday approved optometry software company Eye Care Leaders Portfolio Holdings LLC's request to draw on the remainder of its $8 million in debtor-in-possession funds for its Chapter 11 case, saying the company had given good reason to believe it was poised for a rewarding auction.
February 23, 2024
A Texas bankruptcy judge said Friday she will approve sale procedures that will put a troubled optometry software maker on the block in April, after the debtor said it will give creditors a few more days to respond if it decides to name a stalking horse bidder.
January 25, 2024
Optometry software maker Eye Care Leaders received tentative approval Thursday from a Texas bankruptcy judge to tap into $8 million of debtor-in-possession financing from a private equity firm looking to buy the company in a Chapter 11 sale.
January 22, 2024
Eye doctor practice management software maker Eye Care Leaders and its 34 affiliates were approved for a joint Chapter 11 bankruptcy Monday, with attorneys for the company telling a Dallas bankruptcy judge that it plans to restructure, sell its assets or use a combination of both approaches to pay off debts.
January 17, 2024
Optometry software company Eye Care Leaders has filed for Chapter 11 protection in Texas bankruptcy court with $500 million to $1 billion of debt, a few months after it reached a class action settlement over a series of data breaches.