Morris Nichols Bankruptcy Alert - Arsenal Intermediate Holdings, LLC and Certain of Its Affiliates File Chapter 11 Bankruptcy Cases in Delaware

On January 26, 2023, Arsenal Intermediate Holdings, LLC and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As a courtesy to our clients and friends, the Morris Nichols Business Reorganization & Restructuring Group has summarized information related to the filings below.

Lead Case No. – 23-10097-CTG

Debtors – Arsenal Intermediate Holdings, LLC; Arsenal Health, LLC; Arsenal Insurance Management, LLC

Description of Debtors – Managing companies and enterprises in the insurance industry

Website of Debtors (URL) – arsenalrmi.com/

Assigned Judge – The Honorable Craig T. Goldblatt

Proposed Counsel – The Debtors' proposed bankruptcy counsel is Young, Conaway, Stargatt & Taylor, LLP.

Plan Status – No plan filed with petitions

First Day Hearing – A first day hearing took place on January 27, 2023.

Bankruptcy Documents  –

• Lead Case Petition
• First Day Affidavit / Declaration
• First Day Hearing Agenda

Please do not hesitate to contact any member of the Morris Nichols Bankruptcy & Restructuring Group if we can be of assistance.