Case Background

On April 1, 2024, Acorda Therapeutics, Inc. and 5 affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. The cases are pending before the Honorable David S. Jones and are jointly administered under Case No. 24-22284. 

Important Information & Dates

Plan and Disclosure Statement

On May 10, 2024, the Debtors filed their Joint Plan of Reorganization and the Disclosure Statement related thereto. The Bankruptcy Court hearing on the adequacy of the Disclosure Statement on June 13, 2024, at 10:00 a.m. (prevailing Eastern Time) was adjourned and held on July 2, 2024, at 11:00 a.m. (prevailing Eastern Time). On July 3, 2024, the Bankruptcy Court entered an order approving the adequacy of the Disclosure Statement. The Bankruptcy Court's held a hearing to consider confirmation of the Plan on August 7, 2024 at 10:00 a.m. (prevailing Eastern Time), before the Honorable Judge David S. Jones, United States Bankruptcy Judge. On August 7, 2024, the Bankruptcy Court entered an order confirming the Plan. On August 21, 2024, the Effective Date of the Plan occurred and the Plan was consummated.

Please click below to view all documents related to the Debtors' Plan & Disclosure Statement:

Plan & Disclosure Statement

Deadlines to File Claims

The Bankruptcy Court has set the following deadlines for filing proofs of claim:

• General Bar Date: June 28, 2024, at 5:00 p.m. (prevailing Eastern Time)
• Governmental Bar Date: September 30, 2024, at 5:00 p.m. (prevailing Eastern Time)

Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors.  Please click here to download the Bar Date Order.

First Day Hearing

A hearing on the Debtors' First Day Motions was held on April 4, 2024 at 11:00 a.m. (prevailing Eastern Time) before the Honorable David S. Jones, United States Bankruptcy Judge, United States Bankruptcy Court for the Southern District of New York, Courtroom 701, One Bowling Green, New York, New York 10004. The Bankruptcy Court held a final hearing on certain of the Debtors' First Day Motions on April 26, 2024 at 10:00 a.m. (prevailing Eastern Time).

Please click below to view and download the Debtors' First Day Motions & Orders:

First Day Motions

First Day Orders

Meeting of Creditors

The Meeting of Creditors (the "section 341 meeting") was held on May 2, 2024 at 1:00 p.m. (prevailing Eastern Time).

Dial-In Number: 877-727-9367
Participant Code: 1864657

Please click here to view and download the Meeting of Creditors/Notice of Commencement document.

Sale

On April 29, 2024, the Bankruptcy Court entered an order approving the bidding procedures in connection with the sale of all or substantially all of the Debtors' assets.

Please take note of the following important dates related to the sale:

• Bidding Procedures: On or before April 26, 2024
• Bid Deadline: On or before May 28, 2024
• Cancelled Auction: June 3, 2024
• Deadline to object to the Sale of the Acquired Assets: May 20, 2024 at 4:00 p.m. (prevailing Eastern Time)
• Successful Bid Objection: On or before June 5, 2024, at 4:00 p.m. (prevailing Eastern Time)
• Sale Hearing: The Sale Hearing was held on June 7, 2024 at 11:00 a.m. (prevailing Eastern Time) before the Honorable David S. Jones, United States Bankruptcy Judge for the Bankruptcy Court for the Southern District of New York, One Bowling Green, Courtroom No. 701, New York, New York 10004.

Please click below to view all documents related to the sale:

 Sale Documents