Cases
Cases
InVivo Therapeutics’ Chapter 11 cases closed on March 31, 2026 under a final decree Dkt. 403, following a liquidation that provided for equity distributions. The decree preserved the trustee’s duties to complete final distributions and specified reporting and fee obligations; the final claims register Dkt. 406 followed on April 22, 2026.
InVivo Therapeutics Corporation’s Chapter 11 cases closed on March 31, 2026, following implementation of a liquidating plan. The final decree Dkt. 403 discharged the liquidation trustee and its professionals from their duties except for final distributions and compliance with the decree, including remaining reporting and fee obligations. Verita filed the final claims register Dkt. 406 on April 22, 2026.
The company filed for Chapter 11 on February 1, 2024 after abandoning development of its Neuro-Spinal Scaffold implant for spinal cord injuries. According to Richard Christopher’s first-day declaration Dkt. 3, the INSPIRE 2.0 trial failed its primary endpoint in March 2023, and efforts to obtain financing or pursue strategic alternatives did not produce a viable path forward. InVivo entered bankruptcy with approximately $5.4 million in cash and planned to finance an orderly wind-down without debtor-in-possession financing.
The court confirmed the joint liquidation plan Dkt. 246 on June 21, 2024, establishing a liquidation trust to administer remaining assets, resolve claims and make distributions. The court subsequently authorized an asset sale to Globus Medical Dkt. 261 on July 8, 2024. The plan reached effectiveness on July 12, 2024, as recorded in the effective-date notice Dkt. 270.
The liquidation ultimately provided for a return to equity holders. The court authorized Class 6 equity distributions Dkt. 383 on November 18, 2025. The trustee’s December 30, 2025 amended distribution notice Dkt. 395 stated that assets remained available for equity after claims administration and set a distribution of $0.5991495 per share, with a December 30 record date and January 9, 2026 payment date. Separately, the quarterly report filed January 16, 2026 Dkt. 398 reported priority claims paid at 100% and general unsecured claims at 97% as of December 31, 2025. The March 2026 final decree retained authority for final distributions after closure.
Updated Oct 17
| Month | Filings |
|---|---|
| January 2024 | 26 |
| February 2024 | 72 |
| March 2024 | 33 |
| April 2024 | 44 |
| May 2024 | 31 |
| June 2024 | 44 |
| July 2024 | 47 |
| August 2024 | 13 |
| September 2024 | 5 |
| October 2024 | 7 |
| November 2024 | 7 |
| December 2024 | 0 |
| January 2025 | 7 |
| February 2025 | 5 |
| March 2025 | 6 |
| April 2025 | 6 |
| May 2025 | 9 |
| June 2025 | 7 |
| July 2025 | 3 |
| August 2025 | 2 |
| September 2025 | 1 |
| October 2025 | 7 |
| November 2025 | 7 |
| December 2025 | 7 |
| January 2026 | 3 |
| February 2026 | 0 |
| March 2026 | 5 |
| April 2026 | 3 |
| May 2026 | 1 |
| June 2026 | 0 |
| July 2026 | 0 |
| August 2026 | 0 |
| September 2026 | 0 |
| October 2026 | 0 |
Case facts and filing dates come from court records.Case docket on PACER
InVivo Therapeutics’ Chapter 11 cases closed on March 31, 2026 under a final decree Dkt. 403, following a liquidation that provided for equity distributions. The decree preserved the trustee’s duties to complete final distributions and specified reporting and fee obligations; the final claims register Dkt. 406 followed on April 22, 2026.
InVivo Therapeutics Corporation’s Chapter 11 cases closed on March 31, 2026, following implementation of a liquidating plan. The final decree Dkt. 403 discharged the liquidation trustee and its professionals from their duties except for final distributions and compliance with the decree, including remaining reporting and fee obligations. Verita filed the final claims register Dkt. 406 on April 22, 2026.
The company filed for Chapter 11 on February 1, 2024 after abandoning development of its Neuro-Spinal Scaffold implant for spinal cord injuries. According to Richard Christopher’s first-day declaration Dkt. 3, the INSPIRE 2.0 trial failed its primary endpoint in March 2023, and efforts to obtain financing or pursue strategic alternatives did not produce a viable path forward. InVivo entered bankruptcy with approximately $5.4 million in cash and planned to finance an orderly wind-down without debtor-in-possession financing.
The court confirmed the joint liquidation plan Dkt. 246 on June 21, 2024, establishing a liquidation trust to administer remaining assets, resolve claims and make distributions. The court subsequently authorized an asset sale to Globus Medical Dkt. 261 on July 8, 2024. The plan reached effectiveness on July 12, 2024, as recorded in the effective-date notice Dkt. 270.
The liquidation ultimately provided for a return to equity holders. The court authorized Class 6 equity distributions Dkt. 383 on November 18, 2025. The trustee’s December 30, 2025 amended distribution notice Dkt. 395 stated that assets remained available for equity after claims administration and set a distribution of $0.5991495 per share, with a December 30 record date and January 9, 2026 payment date. Separately, the quarterly report filed January 16, 2026 Dkt. 398 reported priority claims paid at 100% and general unsecured claims at 97% as of December 31, 2025. The March 2026 final decree retained authority for final distributions after closure.
Updated Oct 17
| Month | Filings |
|---|---|
| January 2024 | 26 |
| February 2024 | 72 |
| March 2024 | 33 |
| April 2024 | 44 |
| May 2024 | 31 |
| June 2024 | 44 |
| July 2024 | 47 |
| August 2024 | 13 |
| September 2024 | 5 |
| October 2024 | 7 |
| November 2024 | 7 |
| December 2024 | 0 |
| January 2025 | 7 |
| February 2025 | 5 |
| March 2025 | 6 |
| April 2025 | 6 |
| May 2025 | 9 |
| June 2025 | 7 |
| July 2025 | 3 |
| August 2025 | 2 |
| September 2025 | 1 |
| October 2025 | 7 |
| November 2025 | 7 |
| December 2025 | 7 |
| January 2026 | 3 |
| February 2026 | 0 |
| March 2026 | 5 |
| April 2026 | 3 |
| May 2026 | 1 |
| June 2026 | 0 |
| July 2026 | 0 |
| August 2026 | 0 |
| September 2026 | 0 |
| October 2026 | 0 |
Case facts and filing dates come from court records.Case docket on PACER