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.

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