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MA sues School Health Corporation for selling fake hand sanitizer

A product called Theraworx Protect was falsely marketed as a hand sanitizer by a company called School Health Corporation to schools in Massachusetts. ....

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Avadim Health Exits Chapter 11 Following Successful Asset Sale

/PRNewswire/ Avadim Health, Inc., a healthcare and wellness provider, today announced it has completed the court-approved sale of substantially all its. ....

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Asheville's Avadim Health will sell assets, file for Chapter 11 bankruptcy

ASHEVILLE - Avadim Health, Inc., an Asheville-based health and wellness company that sells topical products made using a proprietary Bionome Engineered Platform ....

United States , Keith Daniels , Us Bankruptcy Court , Avadim Health Inc , Avadim Health , Bionome Engineered Platform , Hayfin Capital Management , Capital Management , Chief Restructuring Officer , Combat One , ஒன்றுபட்டது மாநிலங்களில் , கேய்ட் டேனியல்ஸ் , எங்களுக்கு திவால்நிலை நீதிமன்றம் , மூலதனம் மேலாண்மை , தலைமை மறுசீரமைப்பு அதிகாரி , போர் ஒன்று ,

Avadim Health Enters into Stalking Horse Sale Agreement Alongside Chapter 11 Filing

/PRNewswire/ Avadim Health, Inc. (the Company), a healthcare and wellness provider, today announced it has reached an agreement in principle to sell. ....

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Avadim Health Hits Ch. 11 After Years Without Turning A Profit

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Avadim Health Hits Ch. 11 After Years Without Turning A Profit
Law360 (June 1, 2021, 11:10 AM EDT) North Carolina-based health products company Avadim Health has filed for Chapter 11 protection in Delaware bankruptcy court with $114.8 million in debt and plans for an asset sale, saying the company has been unable to turn a profit since it was founded in 2007.
In court papers filed Monday, Avadim said after years of unsuccessful attempts to establish a sufficient market foothold and a failed initial public stock offering last year, it is facing a severe liquidity crisis, leading it to conclude that putting itself on the block with a $69.5 million stalking horse bid from its prepetition secured lenders was. ....

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