September 17, 2025
Iovate Health Sciences, a Canadian supplement maker known for manufacturing the diet pill Hydroxycut, unraveled quickly and wound up in bankruptcy court as a result of cascading effects from a $12.5 million litigation loss.
September 16, 2025
Bankrupt dietary supplement company Iovate began a Chapter 15 case to protect its U.S. assets as it weighs pursuing a Canadian insolvency. A car loan lender for low-income people entered Chapter 7 with at least a billion in debt. And an aerospace manufacturer entered Chapter 11 with at least $15 million in debt to tackle.
September 10, 2025
A New York bankruptcy judge agreed Wednesday to temporarily stay creditor actions against Canadian dietary supplement business Iovate Health Sciences one day after the Hydroxycut maker sought Chapter 15 protection.