M*Modal Completes Restructuring, Emerges From Chapter 11
M*Modal announced it successfully completed its financial restructuring, reducing its debt by 55%, and has emerged from Chapter 11 bankruptcy.
August 1, 2014
M*Modal
ABF Journal
M*Modal announced it successfully completed its financial restructuring, reducing its debt by 55%, and has emerged from Chapter 11 bankruptcy.
JPMorgan private equity arm-owned M*Modal announced it filed voluntary petitions for relief under Chapter 11 in U.S. Bankruptcy Court.
The Wall Street Journal reported a medical services company owned by a JPMorgan Chase private-equity arm is preparing to file for bankruptcy protection, people familiar with the matter said.
The Wall Street Journal reported M*Modal, which J.P. Morgan’s One Equity Partners acquired about 18 months ago in a leveraged buyout, is turning to restructuring advisers as it handles buyout debt, citing people familiar with the matter.