Cano Health, Inc.

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Case overview

Case Number:

1:24-bk-10164

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Texas Comptroller of Public Accounts

Sectors & Industries:

June 28, 2024
Cano Health Wins Ch. 11 Plan Confirmation

A Delaware bankruptcy judge on Friday signed off on Cano Health Inc.'s Chapter 11 plan to resolve nearly a billion dollars in debt, saying it was created in good faith and met the requirements for confirmation.
June 24, 2024
LifeWallet Calls Cano Health's Ch. 11 Plan Unconfirmable

Claim reimbursement company LifeWallet has told Delaware's bankruptcy court that primary healthcare group Cano Health's proposed Chapter 11 plan would hinder its legal defenses and setoff claims, arguing the plan runs afoul of the Bankruptcy Code and cannot be confirmed.
May 21, 2024
Cano Judge Agrees To OK Ch. 11 Plan Disclosure Statement

A Delaware bankruptcy judge agreed on Tuesday to sign off on Miami-based primary healthcare group Cano Health Inc.'s Chapter 11 disclosure statement for purposes of soliciting creditor votes once the debtor files a revised proposed order that bakes in language that garnered support from unsecured creditors.
May 17, 2024
Cano Health Strikes $7M Deal With Unsecured Creditors

A Delaware bankruptcy judge said Friday that she was prepared to send Cano Health Inc.'s Chapter 11 plan out for a creditor vote after hearing the medical care group has reached a $7 million settlement with its unsecured creditors.
March 22, 2024
US Trustee Says Fla. Healthcare Co. Can't Seal Stock Sale Bid

The U.S. Trustee's Office has urged a Delaware bankruptcy judge to deny a Miami-based primary healthcare group's request in its Chapter 11 case to redact information in the debtor's motion to sell its shares in a healthcare claims reimbursement servicer.
March 07, 2024
Cano Health's Ch. 11 Financing Approved Consensually

Primary care group Cano Health Inc. told a Delaware bankruptcy judge Thursday that productive talks with a recently appointed creditors' committee had enabled it to submit a consensual order to gain final approval for its $150 million Chapter 11 loan.
February 06, 2024
Cano Health DIP Gets Initial OK Without $23M Lender Fees

A Delaware bankruptcy judge on Tuesday delayed approving $22.5 million in fees payable to post-petition lenders in the Chapter 11 case of primary care group Cano Health Inc., saying the company didn't show the fees were required to induce lenders to participate in a $150 million debtor-in-possession loan package.
February 05, 2024
Healthcare Group Cano Health Hits Ch. 11 With $1.3B Debt

Primary care group Cano Health Inc. has filed for Chapter 11 protection in Delaware bankruptcy court, saying it will be pursuing a prearranged double-track plan to either restructure its $1.26 billion in debt or seek a buyer.