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Converted to Chapter 7 on Apr 24, 2023
Medly Health is now in Chapter 7 liquidation, with the trustee operating under cash-collateral authority from Silicon Valley Bank rather than an active DIP borrowing facility. The case began as a Delaware Chapter 11 filing on December 9, 2022, when Medly and affiliates sought to stabilize a pharmacy platform and the Pharmaca retail business after a proposed $100 million financing commitment was withdrawn, planned equity funding fell away, and management uncovered operational and accounting irregularities. The resulting liquidity disruption curtailed drug purchases, coincided with a sharp sales decline, and led to widespread store closures and workforce reductions, as described in the first-day declarationDkt. 3.
Updated Sep 5, 5:55 PM ET
Notice of Change of Address Filed by 42nd & East Madison, LLC, Bel Aire Plaza, LLC, Deutsche Asset & Wealth Management, Seqirus USA Inc., Wallingford Center LLP. (Attachments: # (1) Certificate of Service) (Vesper, Margaret)
Dkt. 857 · Jul 7, 2026
Application for Compensation -- First and Final Fee Application of Archer & Greiner, P.C., Former Attorneys for David W. Carickhoff, Chapter 7 Trustee for Compensation and Reimbursement of Expenses for the Period April 26, 2023 Through April 6, 2026 -- for Archer & Greiner, P.C., Trustee's Attorney, period: 4/26/2023 to 4/6/2026, fee: $62,332.00, expenses: $25.00. Filed by Archer & Greiner, P.C.. (Attachments: # (1) Exhibit A - Invoice # (2) Proposed Form of Order) (Songonuga, Natasha)
Dkt. 856 · Jun 30, 2026
HEARING CANCELLED. Notice of Agenda of Matters not going forward. The following hearing has been cancelled. Filed by David W. Carickhoff. Hearing scheduled for 5/15/2026 at 10:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. (Attachments: # (1) Certificate of Service) (Bach, Aaron)
Dkt. 855 · May 14, 2026
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Record as of September 6, 2026. Docket entries and dates come from the court. Nothing on this page is AI-generated.