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Published on 7/11/2023 in the Prospect News Distressed Debt Daily.

Lucira Health receives extension of exclusive plan periods

By Sarah Lizee

Olympia, Wash., July 11 – Lucira Health, Inc. secured an extension of its exclusive periods to file and solicit votes on a Chapter 11 plan, according to an order filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, the court extended the exclusive plan filing period through Sept. 20 from June 22 and the exclusive solicitation period through Nov. 20 from Aug. 21.

The company has already filed a plan, and the hearing to consider conditional approval of the plan’s disclosure statement is scheduled for July 28.

Lucira said the complexity and relatively short duration of its case weigh in favor of the extension.

Lucira is a medical technology company based in Emeryville, Calif. The company filed bankruptcy on Feb. 22 under Chapter 11 case number 23-10242.


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