Court closes PolarityTE Chapter 11 after final decree
The court entered a final decree closing PolarityTE’s Chapter 11 cases after finding they had been fully administered, ending the bankruptcy case arc that followed confirmation of the liquidation plan. The Final Decree and Order Closing Case grants Liquidating Trustee John Curtis’s motion, closes the cases effective January 6, 2026, and keeps only the plan/confirmation-order retained jurisdiction and ordinary reopening rights in place.
The order authorizes the trustee to make final distributions to equity holders under Exhibit A to the motion, permits abandonment or destruction of debtor records, waives closing reports, and requires any remaining quarterly reports and U.S. Trustee fees to be handled within 30 days. After completing the final distributions, the trustee and professionals are released from further plan and case duties, making this the practical wind-down endpoint rather than another interim administration step.