Wellpath Holdings, Inc.
Case Number:
4:24-bk-90533
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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March 14, 2025
Wellpath Gets OK For Vote On Ch. 11 Reorganization Plan
A Texas bankruptcy judge on Friday gave prison healthcare business Wellpath permission to go ahead with a vote on its Chapter 11 plan after a claimants' committee said it would reserve objections for the plan confirmation hearing.
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March 10, 2025
Wellpath Asks For More Time To Solicit Ch. 11 Plan
Prison healthcare company Wellpath Holdings Inc. asked a Texas bankruptcy judge for another 120 days to work on its Chapter 11 plan and collect votes for it, saying it needs the added time to address issues with creditors and integrate suggestions from the court about its plan materials.
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February 24, 2025
Wellpath Delays Chapter 11 Exit To Buy Time For Creditor Deal
Wellpath will delay confirmation of its Chapter 11 plan by two weeks to buy time to work through objections to the reorganization of its prison healthcare business, attorneys told a Texas bankruptcy judge Monday.
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February 18, 2025
Wellpath Seeks March Ch. 11 Exit Despite Creditor Concerns
A Texas bankruptcy judge asked prison healthcare provider Wellpath Holdings to revise its proposed Chapter 11 plan disclosure statement after a lengthy hearing Tuesday where Wellpath underlined its need to quickly confirm a plan despite creditor concerns over the speed of the case.
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February 14, 2025
Under The Radar: Bankruptcy News You May Have Missed
The Chapter 11 trustee overseeing Chinese exile Miles Guo's bankruptcy estate hit dozens of new targets, including Salesforce and Grubhub, with adversary proceedings; the Chapter 7 trustee for Alex Jones asked permission to return deposits to bidders on Jones' assets; and the Office of the U.S. Trustee objected to the proposed plan of prison healthcare company Wellpath Holdings Inc., saying the plan contains impermissible third-party releases and Wellpath proposed an amended plan.
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January 13, 2025
Giuliani Held In Contempt Again, EPA Slams $535M Talc Deal
Former New York City Mayor Rudy Giuliani was held in contempt for a second time, Johnson & Johnson's bankrupt spinoff called Brown Rudnick's bid to represent an official committee of talc claimants "an ethical violation," and the federal government objected to a $535 million settlement that bankrupt talc supplier Whittaker Clark & Daniels reached regarding talc claims in its New Jersey Chapter 11 case.
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January 08, 2025
Prison Health Co. Wellpath Gets OK For $395M Ch. 11 Sale
A Texas bankruptcy judge has approved a nearly $400 million sale of prison healthcare provider Wellpath's behavioral health division, Recovery Solutions.
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December 16, 2024
Judge Kills Infowars Sale, BigLaw Firms Duck Suit
A Texas court blocked an attempt from satirical news outlet The Onion to buy conspiracy theorist Alex Jones' radio show, and a racketeering suit against Jackson Walker LLP and Kirkland & Ellis LLP over allegations they profited from former bankruptcy Judge David R. Jones' romantic relationship with a member of the bankruptcy bar was dismissed.
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December 11, 2024
Prison Health Co. Wellpath's $362M Ch. 11 Loan Gets OK
A Texas bankruptcy judge on Wednesday approved prison healthcare provider Wellpath Holdings Inc.'s bid to borrow $362.3 million in Chapter 11 financing after the company trimmed part of the funding to resolve an objection from the U.S. Department of Justice's bankruptcy watchdog.
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December 04, 2024
Behind Prison Health Co. Wellpath's Ch. 11
Wellpath Holdings Inc., one of the largest companies that provide healthcare services to incarcerated individuals in the U.S., recently hit Chapter 11 in Texas with more than $1 billion in debt, saying it was dragged down by rising costs, lawsuits brought by its patients and a heavy debt load despite raking in $2 billion in revenue in 2023.