Azzur Group Holdings LLC
Case Number:
1:25-bk-10342
Court:
Nature of Suit:
Firms
- Armstrong Teasdale
- Ballard Spahr
- Buchalter APC
- Chipman Brown
- DLA Piper
- Goulston & Storrs
- Klehr Harrison
- Landis Rath
- Linebarger Goggan
- Mirick O'Connell
- Morrison Cohen
- Pachulski Stang
- Richards Layton
- Ropes & Gray
- Sirlin Lesser
- Sullivan Hazeltine
- Sullivan & Worcester
Companies
Sectors & Industries:
-
May 20, 2025
Creditors Win Fight Against Insider Releases In Azzur Ch. 11
A Delaware bankruptcy judge on Tuesday sustained an objection to insider releases in the Chapter 11 liquidation plan of Azzur Group, finding the pharmaceutical services company had not justified the releases for prepetition conduct of current and former officers, directors, and equity holders.
-
May 19, 2025
Azzur Faces Uphill Battle To Get Ch. 11 Plan Confirmed
A Delaware bankruptcy judge on Monday told the attorneys for pharmaceutical services company Azzur Group that they have a "hard hill to climb" to get their client's bankruptcy proposal approved in court, during the first day of its confirmation hearing.
-
May 16, 2025
What's Happening In Bankruptcy Court In The Coming Week
In the coming week, Delaware bankruptcy judges will hear arguments on asset sales by educational technology company Epic Creations Inc. and retailer Dormify, as well as a Chapter 11 plan by pharmaceutical services company Azzur Group and a disclosure statement by satellite company Ligado Networks.
-
May 15, 2025
Creditors Say Azzur Ch. 11 Plan Kills Their Claims
Unsecured creditors in Azzur Group's Chapter 11 case have urged a Delaware bankruptcy judge to reject the debtor's Chapter 11 plan, arguing that the proposal would "gratuitously and broadly" release potential liability for fraud or gross negligence and impair creditor recoveries as a result.