Morris Nichols Bankruptcy Alert - Avadel Specialty Pharmaceuticals, LLC Files Chapter 11 Bankruptcy Case in Delaware
On February 6, 2019, Avadel Specialty Pharmaceuticals, LLC filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As a courtesy to our clients and friends, the Morris Nichols Business Reorganization & Restructuring Group has summarized information related to the filing below.
Lead Case No. – 19-10248.
Debtor – Avadel Specialty Pharmaceuticals, LLC.
Description of Debtor – Pharmaceutical company.
Website of Debtor (URL) – www.avadel.com.
Assigned Judge – The Honorable Christopher S. Sontchi.
Proposed Counsel – The Debtor's proposed bankruptcy counsel is Greenberg Traurig, LLP.
Proposed Financial Advisor – MCA Financial Group, Ltd.
Plan Status – No plan was filed with the petition.
First Day Hearing – A first day hearing has been scheduled for February 8, 2019 at 02:00 p.m. ET.
Bankruptcy Documents –
Please do not hesitate to contact any member of the Morris Nichols Business Reorganization & Restructuring Group if we can be of assistance.