PETITION

Tom Cruise is Maverick, not Superman. Even he couldn't save Regal Cinemas.

Plus: Mariner Health Central Inc. is the latest SNF to File for BK

Also: Mass Tort Cases Proceed in Appellate Courts

A Wave of Smaller Filings: Borrego, NewAge, Allena Pharma, Clarus Therepeutic

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Eddie Lampert will be released from liability because, like, rich people.

Plus: Cineworld, Endo, Altera & TPC updates.

On September 5th, IL-based Clarus Therapeutics Holdings, Inc. ($CRXT) and another affiliate, Clarus Therapeutics Inc. (together, the “debtors”), filed for chapter 11 in the U.S. Bankruptcy Court for the District of Delaware (Judge Walrath). The filing comes less than a year after the company went public via SPAC (

Covid rattles purveyor of miracle juice products.

Skilled Nursing Facility Files for Bankruptcy After Multi-Million Dollar Judgment Comes Down

Fraud Decimates Health Services Provider to Low Income and Rural Patients

On September 2nd, MA-based biopharmaceutical company Allena Pharmaceuticals, Inc. ($ALNA) filed for chapter 11 in the U.S. Bankruptcy Court for the District of Delaware (Judge Owens). The company, which IPO’d in November ‘17 and hit an all-time high in May ‘18…

The crypto winter is frikken coooooooooold. 🥶 On September 22, 2022, MN-based Compute North Holdings Inc. (“Holdings”) and eighteen affiliates (together, the “debtors”) filed voluntary chapter 11 bankruptcy cases in the Southern District of Texas (Judge Isgur