article thumbnail

Incora’s $300M DIP to Come from 2026 1L Noteholders

Reorg Blog

The Incora debtors have filed the first day declaration of Incora CFO Raymond Carney in support of their chapter 11 filings.

article thumbnail

Rite Aid Mulls Bankruptcy Filing to Handle Opioid Liabilities

Reorg Blog

Rite Aid is considering a chapter 11 filing to address liabilities related to its involvement in opioids, according to sources. The pharmacy chain also faces debt maturities in 2025 and 2026, as well as reimbursement rate pressure, reduced demand for Covid-19 vaccines, operational inefficiencies