Stimwave Technologies Incorporated

  1. September 29, 2022

    Stimwave Gets Del. Ch. 11 OK For $124M Auction Offer

    Bankrupt medical device maker Stimwave Technologies won a green light Thursday for a post-auction, $124 million sale to its pre- and post-petition lender and bidder-to-beat stalking horse, topping the sale's starting price by nearly 50%.

  2. September 22, 2022

    Stimwave Director Calls For Investigation Of Ch. 11 Sale

    A Stimwave Technology Inc. director urged a bankruptcy judge in Delaware Thursday to require a "look back" at the medical device company's top lender and prospective buyer's conduct before approving a sale of the business.

  3. June 21, 2022

    Revlon Case Opens, And LATAM Lands Its Ch. 11 Plan

    Cosmetics behemoth Revlon Inc. filed for bankruptcy in the midst of a liquidity crisis, a South American airline brings its Chapter 11 plan in for a landing, and the next phase in Puerto Rico's restructuring nears a creditor vote. This is the week in bankruptcy.

  4. June 16, 2022

    Stimwave Gets OK To Tap $12M In Bankruptcy Financing

    A Delaware bankruptcy court judge approved $12 million in interim financing for medical device company Stimwave Technologies at a first-day hearing Thursday, overruling objections from equity holders that the company was shutting them out.

  5. June 15, 2022

    Fla. Medical Device Co. Hits Ch. 11 Amid Ex-CEO Litigation

    Stimwave Technologies Inc. filed for Chapter 11 protection in Delaware on Wednesday in the midst of Chancery Court litigation with its ex-CEO over allegations of financial and operational mismanagement by the former leadership team.