New Chapter 11 Bankruptcy Filing - Sorrento Therapeutics Inc. ($SRNE)

Feb 14, 2023

∙ Paid

On February 13, 2023, CA-based Sorrento Therapeutics Inc. ($SRNE) and an affiliate (together, the “debtors”) filed chapter 11 bankruptcy cases in the Southern District of Texas (Judge Jones). You can find our previous coverage here:

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💥Cineworld. Core Scientific. Sorrento.💥

⚡️Cineworld of Hurt. Part III.⚡️ The Cineworld Group plc bankruptcy status conference we discussed last week transpired as planned and contained a huge update: the ad hoc group of term lenders finally responded to the Cineworld debtors’ proposal with a debt equitization counter-proposal! And — ⚡️woila!⚡️— the parties are in the midst of documenting a pot…

3 years ago · 9 likes · PETITION LLC

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