Advertisement

PhaseRx Bankruptcy Docket Change Requested

Advertisement

PhaseRx filed with the U.S. Bankruptcy Court a motion for an order authorizing the Debtor to amend the case caption used in the Chapter 11 Case.

The motion explains, “On February 1, 2018 the Court entered the Order (A) Approving the Asset Purchase Agreement Between the Debtor and the Purchaser, (B) Authorizing the Sale to the Purchaser of Substantially All of the Debtor’s Assets Free and Clear of Liens, Claims, Encumbrances, and Interests…pursuant to which, among other things, the Court approved the sale of the Acquired Assets to Roivant Sciences GmbH (the ‘Buyer’).”

In addition, “The Sale…closed on February 2, 2018. Pursuant to Section 4.7 of the APA, the Debtor is required to change its corporate and business name. Since the closing of the Sale, the Debtor has taken steps to change its corporate name as…PZ Wind Down, Inc.”

Read more PhaseRx bankruptcy news.