Akorn Exits Chapter 11 Protection After Completing Sale to Lenders
Akorn, a specialty pharmaceutical company, completed its sale to its term loan lenders and exited Chapter 11 protection.
October 2, 2020
Akorn | Doug Boothe
Ellie Delany
Akorn, a specialty pharmaceutical company, completed its sale to its term loan lenders and exited Chapter 11 protection.
AlixPartners is serving as restructuring advisor, PJT Partners is serving as financial advisor and Kirkland & Ellis is serving as legal advisor to Akorn, which filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code.