Eye Care Leaders Portfolio Holdings, LLC (post-effective date: ECL Creditor Trust) filed for Chapter 11 on 2024-01-16 in the U.S. Bankruptcy Court for the Northern District of Texas (Dallas Division) (Judge Stacey G.C. Jernigan). The cases proceeded on a fast Section 363 sale + liquidating creditor trust plan track. The estate's economics and creditor recoveries are driven largely by disputes over approximately $118.1 million of purported secured prepetition term loan claims (described as held by GHTG-related entities) that the post-effective date trust is tasked with litigating.
