Inotiv Chapter 11 reorganization plan wins court confirmation
NOTV•Court confirms Chapter 11 plan
Inotiv’s Chapter 11 Plan of Reorganization was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas.
The company expects to exit Chapter 11 shortly with a strengthened balance sheet.
Existing stakeholders are providing additional capital, and the backers collectively manage more than USD 60 billion in assets.
Operations remain normal, including ongoing study execution and client engagement.
