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Careismatic Brands, LLC
Case Number:
24-10561
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February 27, 2024
Careismatic Creditors Lash Out At DIP Proposal
Prepetition lien lenders for bankrupt medical scrubs distributor Careismatic Brands LLC are using an agreement aimed at funding the company's Chapter 11 case to swipe potential recoveries from unsecured creditors, those unsecured creditors have told a New Jersey bankruptcy court.
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January 24, 2024
Medical Scrubs Co. Gets OK To Tap $125M Ch. 11 Financing
Global medical scrubs distributor Careismatic Brands LLC can access part of a $125 million debtor-in-possession financing package as it seeks to eliminate $833 million of debt through its Chapter 11 restructuring, a New Jersey bankruptcy judge said Wednesday.
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January 23, 2024
Medical Scrubs Co. Enters Ch. 11 As COVID Biz Boost Slows
Global medical scrubs distributor Careismatic Brands LLC and 21 affiliates filed for Chapter 11 bankruptcy protection in New Jersey with a prearranged restructuring plan after business normalized last year following an earlier surge in COVID-19-related revenues.