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Wednesday, 03/13/2024 4:41:17 PM

Wednesday, March 13, 2024 4:41:17 PM

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Judge Declines to Dismiss Sorrento Therapeutics Bankruptcy Case
Bankruptcy judge rules bank account and mailbox established by Sorrento’s lawyers days before chapter 11 filing provide a sufficient basis to keep case in Houston
By Alexander Gladstone
March 11, 2024 7:23 pm ET|WSJ PRO


A Texas bankruptcy judge denied the Justice Department’s motion seeking to dismiss or transfer the Sorrento Therapeutics chapter 11 case, ruling a bank account and mailbox the company’s lawyers established justified its bankruptcy petition in Houston days later.
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