Cosmed Group, Inc., Debtor
Case Number:
9:24-bk-90573
Court:
Nature of Suit:
Firms
-
January 07, 2025
Sterilization Co. Can Access Full $7.5 DIP In Ch. 11
A Texas bankruptcy judge on Tuesday gave final approval for sterilization company Cosmed Group Inc. to tap into $7.5 million in debtor-in-possession financing, along with a number of second-day motions.
-
November 19, 2024
Catching Up With New Bankruptcy Case Action
Spirit Airlines filed for Chapter 11 bankruptcy, citing $3.6 billion in funded debt and unveiling a preapproved restructuring plan to convert $795 million of debt into equity. Dormify, Cosmed Group and PetroQuest Energy also sought bankruptcy protection, largely due to litigation-related challenges. Meanwhile, companies like Swedish debt collector Intrum and heat sealing equipment manufacturer SWC Industries blamed their financial struggles on rising interest rates, inflation, and broader macroeconomic pressures.
-
November 15, 2024
Sterilization Co. Cosmed Hits Ch. 11 Amid Cancer Claims
Sterilization company Cosmed Group Inc. filed for Chapter 11 protection in a Texas bankruptcy court Thursday with over $100 million in liabilities, much of it related to cancer claims over the gas that it uses for sterilization.