Carestream Health, Inc.

  1. September 02, 2022

    Sears, Boy Scouts Each Move Closer To Ch. 11 Resolutions

    The yearslong dispute between Sears and its former CEO ended with a deal, the Boy Scouts of America took a giant leap toward confirmation, and crypto investment platform Celsius wants to release $56 million of digital assets. This is the week in bankruptcy.

  2. August 26, 2022

    Carestream Gets Approval For $85M Ch. 11 Exit Loan Deal

    Bankrupt medical imaging technology company Carestream Health Inc. received approval Friday from a Delaware bankruptcy court to enter into a commitment with lenders slated to provide $85 million in exit financing when the company emerges from bankruptcy.

  3. August 24, 2022

    Court Lets Carestream Tap $50M, Tells Exit Lenders To Wait

    Medical imaging company Carestream Health Inc. got a Delaware federal court's permission Wednesday to tap $50 million of $80 million in bankruptcy financing, but lenders offering the company an additional $85 million in credit after it exits Chapter 11 were denied an immediate request to get their fees.

  4. August 23, 2022

    Ch. 11 Cheat Sheet: Carestream Health Inc.

    Medical imaging and testing equipment company Carestream Health Inc. filed for Chapter 11 protection Tuesday, citing declining revenue due to a shift away from its film imaging products and toward digital options with lower margins.

  5. August 23, 2022

    Medical Imaging Co. Carestream Hits Ch. 11 With $1B Of Debt

    Medical imaging and testing product maker Carestream Health Inc. filed for Chapter 11 protection Tuesday in Delaware with a plan to slash $400 million from its $1 billion of liabilities, saying a global shift toward digital health care imaging and the effects of the COVID-19 pandemic led to the bankruptcy filing.