Texas Judge Orders Compliance With GenesisCare's Ch. 11

By Ben Zigterman · January 16, 2024, 10:01 PM EST

A Texas bankruptcy judge on Tuesday ordered a shareholder in the bankrupt healthcare company GenesisCare to comply with the company's Chapter 11 plan after GenesisCare said the investor was preventing it...

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Bankruptcy Scorecard

Summary

Australian cancer care provider GenesisCare hit Chapter 11 in June 2023 with $1.7 billion in secured debt. In November, it received approval of a bankruptcy plan that aims to cut $1.5 billion off its balance sheet.

Case Number

4:23-bk-90614

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the Northern District of Alabama

Capital Structure

Total Liabilities:

$1.7 billion

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Documents

Related Sections

Case Information

Case Title

Genesis Care Pty Limited

Case Number

4:23-bk-90614

Court

Texas Southern

Nature of Suit

Date Filed

June 01, 2023

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