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PhaseBio Pharmaceuticals, Inc.

COURT
Delaware Bankruptcy Court
CASE NUMBER
1:2022bk10995
TYPE / CHAPTER
Voluntary / 11

Filed

10-23-22

Updated

3-17-24

Last Checked

11-15-22

Assets

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Liabilities

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Docket

Last Updated
Oct 24, 2022
Last Entry Filed
Oct 24, 2022

Docket Entries by Month

Oct 23, 2022 1 Petition Chapter 11 Voluntary Petition . Fee Amount $1738. Filed by PhaseBio Pharmaceuticals, Inc.. (DeFranceschi, Daniel) (Entered: 10/23/2022)
Oct 23, 2022 2 Affidavit/Declaration in Support of First Day Motion //Declaration of Lawrence Perkins in Support of the Chapter 11 Petition and First Day Motions Filed By PhaseBio Pharmaceuticals, Inc. (Schlauch, Brendan) (Entered: 10/23/2022)
Oct 23, 2022 3 Application to Appoint Claims/Noticing Agent OMNI AGENT SOLUTIONS Filed By PhaseBio Pharmaceuticals, Inc. (Merchant, Michael) (Entered: 10/23/2022)
Oct 23, 2022 4 Motion Regarding Chapter 11 First Day Motions //Motion of the Debtor for Entry of Interim and Final Orders (I) Authorizing Debtor to Redact Certain Personally Identifiable Information in the Creditor Matrix and Certain Other Documents, (II) Modifying the Requirement to File a List of All Equity Security Holders and Modifying Notice Thereto, and (III) Granting Related Relief Filed By PhaseBio Pharmaceuticals, Inc. (Silveira, Sarah) (Entered: 10/23/2022)
Oct 23, 2022 5 Motion to Pay Employee Wages //Motion of Debtor for Entry of Interim and Final Orders (I) Authorizing the Debtor to (A) Pay Certain Prepetition Wages, Salaries, Employee Benefits, and Other Compensation and (B) Maintain and Honor Employee Medical and Other Benefit Programs; (II) Modifying Automatic Stay with Respect to the Workers' Compensation Program and (III) Granting Related Relief Filed By PhaseBio Pharmaceuticals, Inc. (Schlauch, Brendan) (Entered: 10/23/2022)
Oct 23, 2022 6 Motion to Pay Sales and Use Taxes //Motion of the Debtor for Entry of Interim and Final Orders (I) Authorizing the Debtor to Pay Certain Prepetition Taxes & Fees and (II) Granting Related Relief Filed By PhaseBio Pharmaceuticals, Inc. (Schlauch, Brendan) (Entered: 10/23/2022)
Oct 23, 2022 7 Motion Prohibiting Utilities from Discontinuing Service //Motion of the Debtor for Entry of Interim and Final Orders (A) Approving the Debtor's Proposed Form of Adequate Assurance of Payment, (B) Establishing Procedures for Resolving Objections by the Utility Companies, (C) Prohibiting the Utility Companies from Altering, Refusing, or Discontinuing Service, and (D) Granting Related Relief Filed By PhaseBio Pharmaceuticals, Inc. (Silveira, Sarah) (Entered: 10/23/2022)
Oct 23, 2022 8 Motion to Maintain Bank Accounts //Motion of the Debtor for Entry of Interim and Final Orders (I) Authorizing the Debtor (A) to Continue Use of Its Existing Cash Management System, Bank Accounts, Checks, Corporate Credit Card, and Business Forms, and (B) to Pay Related Prepetition Obligations; (II) Extending Time to Comply with 11 U.S.C. Section 345(b); and (III) Granting Related Relief Filed By PhaseBio Pharmaceuticals, Inc. (Silveira, Sarah) (Entered: 10/23/2022)
Oct 23, 2022 9 Motion to Approve Debtor In Possession Financing Filed By PhaseBio Pharmaceuticals, Inc. (Silveira, Sarah) (Entered: 10/23/2022)
Oct 24, 2022 10 Declaration in Support //Declaration of Alexander V. Rohan in Support of the Debtor's Motion for Entry of Interim and Final Orders (I) Authorizing the Debtor to Obtain Postpetition Financing, (II) Authorizing the Debtor to Use Cash Collateral, (III) Granting Liens and Providing Superpriority Administrative Expense Status, (IV) Granting Adequate Protection, (V) Modifying Automatic Stay, (VI) Scheduling a Final Hearing, and (VII) Granting Related Relief (related document(s)9) Filed by PhaseBio Pharmaceuticals, Inc.. (Silveira, Sarah) (Entered: 10/24/2022)

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Case Information

Court
Delaware Bankruptcy Court
Case number
1:2022bk10995
Assets
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Liabilities
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Judge
Chapter
11
Filed
Oct 23, 2022
Type
voluntary
Updated
Mar 17, 2024
Last checked
Nov 15, 2022

Associated Cases

    This case has no creditors listed.

    Parties

    Debtor

    PhaseBio Pharmaceuticals, Inc.
    1 Great Valley Parkway
    Suite 30
    Malvern, PA 19355
    CHESTER-PA
    Tax ID / EIN: xx-xxx5697

    Represented By

    Daniel J. DeFranceschi
    Richards, Layton & Finger
    One Rodney Square, P.O. Box 551
    Wilmington, DE 19899
    302 651-7700
    Fax : 302-651-7701
    Email: defranceschi@rlf.com
    Michael Joseph Merchant
    Richards Layton & Finger, P.A.
    One Rodney Square
    920 North King Street
    Wilmington, DE 19801
    usa
    302-651-7700
    Fax : 302-651-7701
    Email: merchant@rlf.com
    Brendan Joseph Schlauch
    Richards, Layton & Finger, P.A.
    One Rodney Square
    920 North King Street
    Wilmington, DE 19801
    302-651-7700 x7749
    Fax : 302-651-7701
    Email: schlauch@rlf.com
    Sarah Silveira
    Richards Layton & Finger, P.A.
    One Rodney Square
    920 North King Street
    Wilmington, DE 19801
    302-651-7700
    Fax : 302-651-7701
    Email: silveira@rlf.com

    U.S. Trustee

    U.S. Trustee
    Office of the United States Trustee
    J. Caleb Boggs Federal Building
    844 King Street, Suite 2207
    Lockbox 35
    Wilmington, DE 19801
    (302)-573-6491

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