Wellpath Delays Chapter 11 Exit To Buy Time For Creditor Deal

By Clara Geoghegan · February 24, 2025, 6:38 PM EST

Wellpath will delay confirmation of its Chapter 11 plan by two weeks to buy time to work through objections to the reorganization of its prison healthcare business, attorneys told a Texas...

To view the full article, register now.

Bankruptcy Scorecard

Summary

Nashville, Tennessee-based Wellpath filed for Chapter 11 with a lender agreement to shed some $500 million of its more than $600 million of funded debt in bankruptcy.

Case Number

4:24-bk-90533

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$1 billion to $10 billion

View Full Scorecard

Case Information

Case Title

Wellpath Holdings, Inc.

Case Number

4:24-bk-90533

Court

Texas Southern

Nature of Suit

Date Filed

November 11, 2024