Raleigh Medical Device Company Emerges From Chapter 11

Hendren & Malone filed Chapter 11 Bankruptcy for a local medical device company in January 2014.  The Company’s operations were impacted due to reduced Medicaid reimbursement rates for medical devices and related supplies and services.  The Company’s Chapter 11 Plan was recently approved by the United States Bankruptcy Court for the Eastern District of North Carolina.  We are pleased that the Company’s reorganization was successful.

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