Filing Alert: Neolpharma Chapter 11

Neolpharma, Inc., a manufacturer of pharmaceutical products, filed for Chapter 11 protection on Jan. 22 in the U.S. Bankruptcy Court for the District of Puerto Rico.

The company reports $29 million in assets and $21 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-00188.

Top Unsecured Claims

Key Parties

• Counsel:
  • Name: Carmen D. Conde Torres
  • Firm: C. Conde & Assoc.
  • Email: condecarmen@condelaw.com
• Signatories:
  • Name: Marco A. Monrouzeau Bonilla
  • Title: Authorized Representative
• Equity Holders:
  • Neolpharma International S.A. de C.V. (100% Stockholder)

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.

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