New Chapter 11 Filing – Joerns WoundCo Holdings
Joerns WoundCo Holdings, a Charlotte, N.C.-based vertically integrated manufacturer, distributor and service provider of durable medical equipment, filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-11401). According to the First Day Declaration, the Debtors have entered into a restructuring support agreement with consenting first lien lenders and consenting second lien lenders and have filed a prepackaged plan of reorganization and disclosure statement. The Debtors have proposed Epiq to serve as their claims and noticing agent. The Debtors report $100 million to $500 million in both assets and liabilities. The case has been assigned to the Honorable John T. Dorsey.
Contact Norman L. Pernick or G. David Dean for more information regarding this matter.
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