VYAIRE MEDICAL PAYROLL LLC Bankruptcy Filing
Case Number: 24-11240
VYAIRE MEDICAL PAYROLL LLC filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on June 10, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-11240.
VYAIRE MEDICAL PAYROLL LLC Filing Information
VYAIRE MEDICAL PAYROLL LLC filed for Chapter 11 bankruptcy on June 10, 2024 (bankruptcy date), with case number 24-11240, marking a significant development in the company's financial restructuring. The corporation-based organization has opted to restructure its debt under the guidance of Bankruptcy Court Judge Brendan Linehan Shannon in Delaware. The filing comes as VYAIRE MEDICAL PAYROLL LLC seeks to navigate financial difficulties, and this bankruptcy process aims to provide a framework for the company to address its financial obligations. As a registered business entity at 26125 N. Riverwoods Blvd., Mettawa IL, the corporation will work closely with the court to implement a plan that will allow it to continue operations while addressing its debt.
VYAIRE MEDICAL PAYROLL LLC indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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VYAIRE MEDICAL PAYROLL LLC Docket Header
VerifDue, PlnDue, DsclsDue |
District of Delaware (Delaware)
Bankruptcy Petition #: 24-11240
Assigned to: Chapter 11 Voluntary Asset |
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| Debtor Vyaire Medical Payroll LLC 26125 N. Riverwoods Blvd. Mettawa, IL 60045 LAKE-IL Tax ID / EIN: 81-2643078 aka Kingston Respiratory Payroll LLC |
rep. by |
Patrick J. Reilley
Cole Schotz P.C. 500 Delaware Avenue, Suite 1410 Wilmington, DE 19801 302-652-3131 Fax : 302-652-3117 Email: preilley @ coleschotz.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 |