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Acorda Therapeutics, Inc.

COURT
New York Southern Bankruptcy Court
CASE NUMBER
7:2024bk22284
TYPE / CHAPTER
Voluntary / 11

Filed

4-1-24

Updated

12-22-24

Last Checked

4-25-24

Assets

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Liabilities

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Docket

Last Updated
Apr 2, 2024
Last Entry Filed
Apr 2, 2024

Docket Entries by Month

Apr 1 1 Petition Chapter 11 Voluntary Petition for Non-Individual. Order for Relief Entered. Case Designated As Mega as per LBR 1073-1. Chapter 11 Plan due by 7/30/2024, Disclosure Statement due by 7/30/2024, Initial Case Conference due by 5/1/2024, Filed by Blaire Cahn of Baker & McKenzie LLP on behalf of Acorda Therapeutics, Inc.. (Cahn, Blaire) (Entered: 04/01/2024)
Apr 1 Judge David S Jones added to the case. (Acosta, Annya). (Entered: 04/01/2024)
Apr 1 2 Application for Pro Hac Vice Admission of Matthew Warren filed by Michael R. Handler on behalf of Ad Hoc Noteholder Group. (Attachments: # 1 Exhibit Order Pro Hac Vice Admission) (Handler, Michael) (Entered: 04/01/2024)
Apr 1 Receipt of Application for Pro Hac Vice Admission( 24-22284-dsj) [motion,122] ( 200.00) Filing Fee. Receipt number A16572456. Fee amount 200.00. (Re: Doc # 2) (U.S. Treasury) (Entered: 04/01/2024)
Apr 1 3 Application for Pro Hac Vice Admission of Lindsey Henrikson filed by Michael R. Handler on behalf of Ad Hoc Noteholder Group. (Attachments: # 1 Exhibit Order Pro Hac Vice Admission) (Handler, Michael) (Entered: 04/01/2024)
Apr 1 Receipt of Application for Pro Hac Vice Admission( 24-22284-dsj) [motion,122] ( 200.00) Filing Fee. Receipt number A16572459. Fee amount 200.00. (Re: Doc # 3) (U.S. Treasury) (Entered: 04/01/2024)
Apr 1 4 Application for Pro Hac Vice Admission of Valerie Eliasen filed by Michael R. Handler on behalf of Ad Hoc Noteholder Group. (Attachments: # 1 Exhibit Order Pro Hoc Vice Admission) (Handler, Michael) (Entered: 04/01/2024)
Apr 1 5 Application for Pro Hac Vice Admission of Ha Kyung Cho filed by Michael R. Handler on behalf of Ad Hoc Noteholder Group. (Attachments: # 1 Exhibit Order Pro Hac Vice Admission) (Handler, Michael) (Entered: 04/01/2024)
Apr 1 Receipt of Application for Pro Hac Vice Admission( 24-22284-dsj) [motion,122] ( 200.00) Filing Fee. Receipt number A16572466. Fee amount 200.00. (Re: Doc # 4) (U.S. Treasury) (Entered: 04/01/2024)
Apr 1 Receipt of Application for Pro Hac Vice Admission( 24-22284-dsj) [motion,122] ( 200.00) Filing Fee. Receipt number A16572466. Fee amount 200.00. (Re: Doc # 5) (U.S. Treasury) (Entered: 04/01/2024)
Show 1 more entries
Apr 1 Receipt of Voluntary Petition (Chapter 11)( 24-22284) [misc,824] (1738.00) Filing Fee. Receipt number A16572507. Fee amount 1738.00. (Re: Doc # 1) (U.S. Treasury) (Entered: 04/01/2024)
Apr 2 7 Declaration of Michael A. Gesser in Support of the Debtors' Chapter 11 Petitions and First Day Pleadings filed by Blaire Cahn on behalf of Acorda Therapeutics, Inc.. (Cahn, Blaire) (Entered: 04/02/2024)
Apr 2 8 Motion to Authorize Motion of Debtors for Entry of an Order (I) Authorizing the Debtors to (A) Prepare a Consolidated List of Creditors in Lieu of Submitting a Separate Mailing Matrix for Each Debtor (B) File a Consolidated List of Their 30 Largest Unsecured Creditors, (C) Redact Certain Personal Identifiable Information, and (II) Approving the Form and Manner of Notifying Creditors of Commencement of These Chapter 11 Cases filed by Blaire Cahn on behalf of Acorda Therapeutics, Inc.. (Cahn, Blaire) (Entered: 04/02/2024)
Apr 2 9 Motion to Authorize / Motion of the Debtors for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Pay Prepetition Obligations on Account of Compensation and Benefits Programs and (B) Continue the Employee Compensation and Benefits Programs and (II) Grant Related Relief filed by Blaire Cahn on behalf of Acorda Therapeutics, Inc.. (Cahn, Blaire) (Entered: 04/02/2024)
Apr 2 10 Motion for Approval of Adequate Assurance of Payment to Utility Services and Continuation of Service /Motion of Debtors for Entry of Interim and Final Orders (I) Establishing Procedures for Determining Adequate Assurance of Payment, (II) Finding Utilities Adequately Assured of Payment, (III) Prohibiting Utilities from Altering, Refusing, or Discontinuing Utility Services, and (IV) Granting Related Relief filed by Blaire Cahn on behalf of Acorda Therapeutics, Inc.. (Cahn, Blaire) (Entered: 04/02/2024)
Apr 2 11 Motion to Pay Taxes / Motion of the Debtors for Entry of Interim and Final Orders (I) Authorizing the Debtors to Pay Prepetition Taxes and Regulatory Fees and (II) Granting Related Relief filed by Blaire Cahn on behalf of Acorda Therapeutics, Inc.. (Cahn, Blaire) (Entered: 04/02/2024)
Apr 2 12 Motion to Appoint Kroll Restructuring Administration LLC as Claims and Noticing Agent / Application of the Debtors for Appointment of Kroll Restructuring Administration LLC as Claims and Noticing Agent filed by Blaire Cahn on behalf of Acorda Therapeutics, Inc.. (Cahn, Blaire) (Entered: 04/02/2024)
Apr 2 13 Motion to Authorize / Motion of the Debtors for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Maintain and Administer Prepetition Customer and Sales Programs and (B) Pay and Honor Related Prepetition Obligations and (II) Granting Related Relief filed by Blaire Cahn on behalf of Acorda Therapeutics, Inc.. (Cahn, Blaire) (Entered: 04/02/2024)
Apr 2 14 Motion to Approve Debtor in Possession Financing / Motion of Debtors for Entry of Interim and Final Orders (I) Authorizing Debtors to Obtain Postpetition Financing Pursuant to Section 364 of the Bankruptcy Code, (II) Authorizing the Use of Cash Collateral Pursuant to Section 363 of the Bankruptcy Code, (III) Granting Adequate Protection to the Prepetition Secured Parties Pursuant to Sections 361, 362, 363, and 364 of the Bankruptcy Code, (IV) Granting Liens and Superpriority Claims, (V) Modifying the Automatic Stay, and (VI) Scheduling a Final Hearing filed by Blaire Cahn on behalf of Acorda Therapeutics, Inc.. (Attachments: # 1 Exhibit A # 2 Exhibit B) (Cahn, Blaire) (Entered: 04/02/2024)
Apr 2 15 Motion to Authorize / Motion of Debtors for Entry of Interim and Final Orders (I) Authorizing Debtors to (A) Continue Using Existing Cash Management System, Bank Accounts, and Business Forms, (B) Continue Intercompany Transactions, (II) Granting Administrative Expense Status to Postpetition Intercompany Claims, and (III) Waiving Certain Operating Guidelines filed by Blaire Cahn on behalf of Acorda Therapeutics, Inc.. (Cahn, Blaire) (Entered: 04/02/2024)

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Case Information

Court
New York Southern Bankruptcy Court
Case number
7:2024bk22284
Assets
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Liabilities
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Judge
David S Jones
Chapter
11
Filed
Apr 1, 2024
Type
voluntary
Updated
Dec 22, 2024
Last checked
Apr 25, 2024

Creditors

Subscribe now or purchase this single case to see the full creditors list.
Catalent Massachusetts LLC
Commonwealth of Virginia Department of Taxation
Mark R. Somerstein
Massachusetts Department of Revenue
Nsight Driven Communications, LLC
Oracle America, Inc.
PrimeVigilance Ltd.
State of Alabama Department of Revenue

Parties

Debtor

Acorda Therapeutics, Inc.
2 Blue Hill Plaza, 3rd Floor
Pearl River, NY 10965
ROCKLAND-NY
914-347-4300
Tax ID / EIN: xx-xxx1168

Represented By

Blaire Cahn
Baker & McKenzie LLP
452 Fifth Avenue
New York
New York, NY 10018
212-626-4695
Email: blaire.cahn@bakermckenzie.com
John R. Dodd
Baker McKenzie LLP
1111 Brickell Avenue
Suite 1700
Miami, FL 33131
305-789-8900
Email: john.dodd@bakermckenzie.com

U.S. Trustee

United States Trustee
Office of the United States Trustee - NY
Alexander Hamilton Custom House
One Bowling Green, Room 534
New York, NY 10004-1408
(212) 510-0500

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