Implant Maker Exactech Can Tap $85M DIP After Cutting Fees

By Alex Wittenberg · October 30, 2024, 6:12 PM EDT

A Delaware bankruptcy judge on Wednesday cleared medical implant manufacturer Exactech Inc. to borrow a portion of $85 million in bankruptcy funding being provided by existing lenders, after the company agreed...

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Bankruptcy Scorecard

Summary

Joint implant maker Exactech Inc. filed for Chapter 11 protection in Delaware bankruptcy court with a stalking horse offer from its lenders to take over the company.

Case Number

24-bk-12441

Judge

Laurie Selber Silverstein

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$100 million to $500 million

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Related Sections

Case Information

Case Title

Exactech, Inc.

Case Number

1:24-bk-12441

Court

Delaware

Nature of Suit

Date Filed

October 29, 2024

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