Assignee for the Benefit of Creditors The company made an assignment for the benefit of creditors to DSI as a result in the delay in release of Apple’s iPhone 7 series and when additional funding could not be obtained. There was substantial interest in the company’s patent portfolio and the assignee scheduled a public auction […]
30 April, 2024
DSI Assignments, LLC was the assignee for the benefit of creditors of this medical device start-up. Cohera patented TissuGlu®, a product to help healing from surgical procedures. When Cohera’s second product line failed to get FDA approval, the equity sponsor, which was also the secured creditor, elected to shut off funding and the company. While the company […]
30 April, 2024
Assignee for the Benefit of Creditors LifeHealth, LLC was a manufacturer of point-of-care (“POC”) diagnostic products that provided critical information to aid in the diagnosis, treatment and monitoring of illness and diseases. The company manufactured the IRMA TRUPOINT® Blood Analysis System. The company sought additional funding and sales opportunities, when those failed to materialize the […]
30 April, 2024