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Case 2390085 Document 452 Filed in TSB on 04/14/23-Page 1 of 33IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION In re: Sorrento Therapeutics, Inc., et al.,
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The Chapter 11 Sorrento form is a specific document used in the bankruptcy process for restructuring debt, allowing companies to continue operations while repaying creditors under a court-approved plan.
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Businesses or individuals that are insolvent and seeking reorganization of their debts, rather than liquidation, are required to file the Chapter 11 Sorrento form.
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To fill out the Chapter 11 Sorrento form, provide detailed financial information, a list of debts, assets, income, and a plan for how debts will be repaid, ensuring all sections are completed accurately and honestly.
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The purpose of the Chapter 11 Sorrento form is to facilitate the reorganization of a debtor's business affairs, debts, and assets, allowing for a structured plan to repay creditors while maintaining business operations.
What information must be reported on chapter 11 sorrento form?
The information required on the Chapter 11 Sorrento form includes details about the debtor's financial situation, creditor lists, income and expense statements, and proposed plans for debt repayment.
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