Glucose Monitoring Co. LifeScan Hits Ch. 11 With $1.7B Debt

By Alex Wittenberg · July 16, 2025, 3:57 PM EDT

LifeScan Global Corp., a company that makes blood glucose monitoring devices, has filed for Chapter 11 protection in Texas bankruptcy court with $1.7 billion of debt and a plan supported by...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

LifeScan Global Corp. filed for Chapter 11 in Texas on with $1.7 billion in debt and a plan to reduce over 75% of it by transferring ownership to existing lenders.

Case Number

4:25-bk-90259

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$1.7 billion

View Full Scorecard

Documents

Related Sections

Case Information

Case Title

LifeScan Global Corporation

Case Number

4:25-bk-90259

Court

Texas Southern

Nature of Suit

Date Filed

July 15, 2025

Recent Articles By Alex