😷New Chapter 11 Bankruptcy Filing - Genesis Care Pty Limited😷

On June 1, 2023, Australia-based and KKR-owned Genesis Care Pty Limited (“Genesis Care”) and 52 affiliated debtors (collectively, the "debtors") filed what we’ll generously call chapter 11 bankruptcy cases in the Southern District of Texas (Judge Jones). “Generously” because these cases are, at least in some respects, chapter 22s: in May ‘20, once-bankr…