Judge Tosses Involuntary Releases In Amyris Ch. 11 Plan

By Alex Wittenberg · February 2, 2024, 8:30 PM EST

A Delaware bankruptcy judge on Friday struck down biotechnology company Amyris Inc.'s plan to shield executives and others from liability using nonconsensual releases as part of its Chapter 11 plan, finding...

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Bankruptcy Scorecard

Summary

Synthesized biologicals producer Amyris filed for Chapter 11 bankruptcy protection in August with more than $1.1 billion in debt and plans to sell parts of its business. It received court approval of its $190 million debtor-in-possession loan.

Case Number

1:23-bk-11131

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.1 billion

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Related Sections

Case Information

Case Title

Amyris, Inc.

Case Number

1:23-bk-11131

Court

Delaware

Nature of Suit

Date Filed

August 09, 2023

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