Biotech Co. Biedermann Motech Hits Ch. 11 With $34M Debt

By Yun Park · August 1, 2024, 11:34 AM EDT

Biedermann Motech, a maker of implants for spinal and extremity surgery, filed for Chapter 11 protection in Delaware bankruptcy court with $34 million in debt....

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Bankruptcy Scorecard

Summary

Beidermann Motech filed for Chapter 11 bankruptcy, saying it plans to eliminate $34 million of debt, get new funding and emerge from bankruptcy with more efficient operations.

Case Number

24-bk-11638

Judge

Mary F. Walrath

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$34 million

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Documents

Case Information

Case Title

Biedermann Motech, Inc.

Case Number

1:24-bk-11638

Court

Delaware

Nature of Suit

Date Filed

July 31, 2024