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Akorn, Inc.

COURT
Delaware Bankruptcy Court
CASE NUMBER
1:2020bk11177
TYPE / CHAPTER
Voluntary / 11

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Filed

5-20-20

Updated

3-31-24

Last Checked

6-15-20

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Docket

Last Updated
May 21, 2020
Last Entry Filed
May 21, 2020

Docket Entries by Quarter

May 20, 2020 1 Petition Chapter 11 Voluntary Petition . Fee Amount $1717. Filed by Akorn, Inc.. Appointment of health care ombudsman due by 06/19/2020 (Heath, Paul) (Entered: 05/20/2020)
May 21, 2020 2 Motion for Joint Administration Filed by 10 Edison Street LLC, 13 Edison Street LLC, Advanced Vision Research, Inc., Akorn (New Jersey), Inc., Akorn Animal Health, Inc., Akorn Ophthalmics, Inc., Akorn Sales, Inc., Akorn, Inc., Clover Pharmaceuticals Corp., Covenant Pharma, Inc., Hi-Tech Pharmacal Co., Inc., Inspire Pharmaceuticals, Inc., Oak Pharmaceuticals, Inc., Olta Pharmaceuticals Corp., VPI Holdings Corp., VPI Holdings Sub, LLC, VersaPharm Incorporated. (Heath, Paul) (Entered: 05/21/2020)
May 21, 2020 3 Motion to Maintain Bank Accounts //Debtors' Motion Seeking Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Continue to Operate Their Cash Management System, (B) Honor Certain Prepetition Obligations Related Thereto, (C) Maintain Existing Business Forms, and (D) Continue to Perform Intercompany Transactions and (II) Granting Related Relief Filed By Akorn, Inc. (Steele, Amanda) (Entered: 05/21/2020)
May 21, 2020 4 Motion to Pay Employee Wages //Debtors' Motion Seeking Entry of Interim and Final Orders (I) Authorizing, But Not Directing, the Debtors to (A) Pay Prepetition Employee Wages, Salaries, Other Compensation, and Reimbursable Employee Expenses and (B) Continue Employee Benefits Programs and (II) Granting Related Relief Filed By Akorn, Inc. (Shapiro, Zachary) (Entered: 05/21/2020)
May 21, 2020 5 Motion Regarding Chapter 11 First Day Motions //Debtors' Motion Seeking Entry of an Order (I) Restating and Enforcing the Worldwide Automatic Stay, Anti-Discrimination Provisions, and Ipso Facto Protections of the Bankruptcy Code, (II) Approving the Form and Manner of Notice, and (III) Granting Related Relief Filed By Akorn, Inc. (Haywood, Brett) (Entered: 05/21/2020)
May 21, 2020 6 Application to Appoint Claims/Noticing Agent KURTZMAN CARSON CONSULTANTS, LLC Filed By Akorn, Inc. (Silveira, Sarah) (Entered: 05/21/2020)
May 21, 2020 7 Motion Regarding Chapter 11 First Day Motions //Debtors' Motion Seeking Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Pay Their Obligations Under Insurance Policies Entered Into Prepetition, (B) Continue to Pay Brokerage Fees, (C) Renew, Supplement, Modify, or Purchase Insurance Coverage, and (D) Maintain the Surety Bonds, and (II) Granting Related Relief Filed By Akorn, Inc. (Noble, J.) (Entered: 05/21/2020)
May 21, 2020 8 Motion to Pay Sales and Use Taxes //Debtors' Motion Seeking Entry of Interim and Final Orders (I) Authorizing the Payment of Certain Prepetition and Postpetition Taxes and Fees and (II) Granting Related Relief Filed By Akorn, Inc. (Steele, Amanda) (Entered: 05/21/2020)
May 21, 2020 9 Motion to Continue Customer Programs //Debtors' Motion Seeking Entry of Interim and Final Orders (I) Authorizing the Debtors to Maintain and Administer Their Existing Customer Programs and Honor Certain Prepetition Obligations Related Thereto, and (II) Granting Related Relief Filed By Akorn, Inc. (Shapiro, Zachary) (Entered: 05/21/2020)
May 21, 2020 10 Motion for Continuation of Utility Service and Approval of Adequate Assurance of Payment to Utility Company Under Section 366(b) //Debtors' Motion Seeking Entry of Interim and Final Orders (I) Determining Adequate Assurance of Payment for Future Utility Services, (II) Prohibiting Utility Providers from Altering, Refusing, or Discontinuing Services, (III) Establishing Procedures for Determining Adequate Assurance of Payment, and (IV) Granting Related Relief Filed By Akorn, Inc. (Haywood, Brett) (Entered: 05/21/2020)
May 21, 2020 11 Motion Regarding Chapter 11 First Day Motions //Debtors' Motion Seeking Entry of an Order (I) Authorizing the Debtors to File a (A) Consolidated List of Creditors in Lieu of Submitting a Separate Mailing Matrix for Each Debtor and (B) Consolidated List of the Debtors' Thirty Largest Unsecured Creditors, (II) Authorizing the Debtors to Redact Certain Personal Identification Information, and (III) Granting Related Relief Filed By Akorn, Inc. (Silveira, Sarah) (Entered: 05/21/2020)
May 21, 2020 12 Motion to Pay Critical Trade Vendor Claims //Debtors' Motion Seeking Entry of Interim and Final Orders (I) Authorizing Debtors to Pay Prepetition Claims of Certain Critical Vendors, Foreign Vendors, Import/Export Claimants, 503(b)(9) Claimants, and Lien Claimants, (II) Granting Administrative Expense Priority to All Undisputed Obligations on Account of Outstanding Orders, and (III) Granting Related Relief Filed By Akorn, Inc. (Noble, J.) (Entered: 05/21/2020)
May 21, 2020 13 Motion Regarding Chapter 11 First Day Motions (Debtors' Motion Seeking Entry of Interim and Final Orders (I) Approving Notification and Hearing Procedures for Certain Transfers of and Declarations of Worthlessness with Respect to Common Stock and (II) Granting Related Relief) Filed By Akorn, Inc. (Heath, Paul) (Entered: 05/21/2020)

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This case has no creditors listed.

Parties

Debtor

Akorn, Inc.
1925 West Field Court
Suite 300
Lake Forest, IL 60045
LAKE-IL
Tax ID / EIN: xx-xxx7400
aka Akorn Pharmaceuticals
aka Taylor Pharmaceuticals

Represented By

Brett Michael Haywood
Richards, Layton & Finger, P.A.
One Rodney Square
920 North King Street
Wilmington, DE 19801
302-651-7700
Fax : 302-651-7701
Email: haywood@rlf.com
Paul Noble Heath
Richards, Layton & Finger
One Rodney Square
920 North King Street
Wilmington, DE 19801
302-651-7700
Fax : 302-651-7701
Email: heath@rlf.com
J. Zachary Noble
Richards Layton & Finger, P.A.
920 North King Street
P.O. Box 551
Wilmington, DE 19801
302-651-7510
Fax : 302-651-7701
Email: noble@rlf.com
Zachary I Shapiro
Richards, Layton & Finger, P.A.
920 North King Street, P.O. Box 551
Wilmington, DE 19801
302-651-7700
Fax : 302-651-7701
Email: shapiro@rlf.com
Sarah Silveira
Richards Layton & Finger, P.A.
One Rodney Square
920 North King Street
Wilmington, DE 19801
302-651-7700
Fax : 302-651-7701
Email: silveira@rlf.com
Amanda R. Steele
Richards, Layton and Finger
920 N. King Street
Wilmington, DE 19801
302-651-7838
Fax : 302-428-7838
Email: steele@rlf.com

U.S. Trustee

U.S. Trustee
Office of the United States Trustee
J. Caleb Boggs Federal Building
844 King Street, Suite 2207
Lockbox 35
Wilmington, DE 19801
(302)-573-6491

Nearby Cases

Date Filed Nameparent case = parent case Chapter Case #
May 20, 2020 VPI Holdings Sub, LLC parent case 11 1:2020bk11195
May 20, 2020 VersaPharm Incorporated parent case 11 1:2020bk11194
May 20, 2020 VPI Holdings Corp. parent case 11 1:2020bk11193
May 20, 2020 Oak Pharmaceuticals, Inc. parent case 11 1:2020bk11192
May 20, 2020 Olta Pharmaceuticals Corp. parent case 11 1:2020bk11191
May 20, 2020 Inspire Pharmaceuticals, Inc. parent case 11 1:2020bk11190
May 20, 2020 Covenant Pharma, Inc. parent case 11 1:2020bk11188
May 20, 2020 Clover Pharmaceuticals Corp. parent case 11 1:2020bk11187
May 20, 2020 Akorn Ophthalmics, Inc. parent case 11 1:2020bk11186
May 20, 2020 Akorn Animal Health, Inc. parent case 11 1:2020bk11185
May 20, 2020 Akorn (New Jersey), Inc. parent case 11 1:2020bk11183
May 20, 2020 Akorn Sales, Inc. parent case 11 1:2020bk11174
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