Case Information
*1 Case 25-50272-KBO Doc 10 Filed 10/31/25 Page 1 of 2
IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 7 AKORN HOLDING COMPANY LLC, et al . [1]
Case No. 23-10253 (KBO) (Jointly Administered)
Debtors. Re: D.I. 1493, 1494 & 1500 ORDER APPROVING SETTLEMENTS OF AVOIDANCE CLAIMS LISTED ON CHAPTER 7 TRUSTEE’S EIGHTH NOTICE OF SETTLEMENT PURSUANT TO SETTLEMENT PROCEDURES ORDER
Upon consideration of the Chapter 7 Trustee’s Eighth Notice of Settlement of Avoidance Claims With Gross Transfers Equal to or Less Than $500,000.00 Pursuant to Settlement Procedures Order (the “Notice”); [2] and Notice of Filing of Amended Exhibit A to Chapter 7 Trustee’s Eighth Notice of Settlement (the “Notice of Amended Exhibit A”); and the Court finding that (i) the Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334, (ii) venue is proper in this District pursuant to 28 U.S.C. §§ 1408 and 1409, and (iii) this is a core proceeding pursuant to 28 U.S.C. § 157(b); and the Court having determined that adequate notice of the Notice was given; and that sufficient legal and factual bases exist for the relief requested in the Notice; and after due deliberation, the Court having determined that the relief requested in the Notice is in the best interest of the Debtors’ estates and their creditors; and good and sufficient cause having been shown; it is hereby ORDERED that:
*2 Case 25-50272-KBO Doc 10 Filed 10/31/25 Page 2 of 2 1. The settlements of Avoidance Actions against the Defendants listed on the Notice of Amended Exhibit A are APPROVED. 2. The Court shall retain jurisdiction with respect to all matters arising from or related to the interpretation, implementation, or enforcement of this Order. Dated: October 31st, 2025
KAREN B. OWENS
Wilmington, Delaware
CHIEF JUDGE
2
NOTES
[1] The Debtors in these chapter 7 cases, along with the last four digits of their federal tax identification numbers, and cases numbers are Akorn Holding Company LLC (9190), Case No. 23-10253 (KBO); Akorn Intermediate Company LLC (6123), Case No. 23-10254 (KBO); and Akorn Operating Company LLC (6184), Case No. 23- 10255. The Debtors’ headquarters is located at 5605 CenterPoint Court, Gurnee, IL 60031.
[2] Capitalized terms not otherwise defined herein shall have the same meanings ascribed to them in the Notice.