Optio Rx, LLC

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Case overview

Case Number:

1:24-bk-11188

Court:

Delaware

Nature of Suit:

Firms

Companies

Sectors & Industries:

  1. July 01, 2024

    Optio Rx Scores Final Green Light On $10M DIP Deal

    A Delaware bankruptcy judge on Monday gave Illinois-based specialty pharmacy chain Optio Rx final approval for a $10 million debtor-in-possession financing package to fund its Chapter 11 case after hearing issues regarding it had been resolved.

  2. June 11, 2024

    Pharmacy Co. Optio Gets Interim OK For $10M DIP Package

    Illinois-based specialty pharmacy chain Optio received interim approval at a first-day hearing Tuesday in Delaware bankruptcy court to access a $10 million in new money debtor-in-possession financing to fund its Chapter 11.

  3. June 11, 2024

    Meet The Attorneys Formulating Optio Rx's Ch. 11

    Specialty pharmacy chain Optio Rx has hired a legal team from boutique corporate and bankruptcy law firm Chipman Brown Cicero & Cole LLP, as it plans to swap debt for equity and cut down on some $235 million of debt through a Chapter 11 in Delaware.