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Search resuls for: "Surgalign"


2 mentions found


☆ The incredible oblivion of Judge Marvin Isgur
  + stars: | 2024-06-03 | by ( Dakin Campbell | ) www.businessinsider.com   time to read: +45 min
On a mild Houston day in March 2021, Judge Marvin Isgur prepared to oversee the only case on his docket that morning. In October 2023, the Fifth Circuit Court rebuked Judge David Jones but said that his longtime colleague, Judge Marvin Isgur, had been "unaware" of Jones' inappropriate relationship. "But only Judge Isgur knows what he knew or didn't know about the relationship." Much of this work was in cases before either Judge Isgur or Judge Jones. Isgur can continue to hear the case, he ruled, writing in the December 2023 opinion that lawyers for the creditor "failed to demonstrate much other than that former Judge Jones and Judge Isgur are close friends."
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☆ Medtech firm Surgalign files for Chapter 11 bankruptcy
  + stars: | 2023-06-20 | by ( ) www.reuters.com   time to read: 1 min
June 19 (Reuters) - Beleagured U.S. medical technology company Surgalign Holdings (SRGA.O) filed for a voluntary Chapter 11 bankruptcy on Monday. Surgalign filed for the bankruptcy with estimated assets and liabilities in the range of $50 million to $100 million in the Bankruptcy Court for the Southern District of Texas. The Deerfield, Illinois-based company said in March that it had reduced its workforce by about 20% and cut non-essential spending, and realigned resources. In November last year, the company approved a corporate restructuring plan, which included discontinuing some of its lower-performing units as well as intending to continue its brand and product rationalization programs. Reporting by Rishabh Jaiswal in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.
Persons: Surgalign, Rishabh, Rashmi Organizations: Surgalign Holdings, Southern, Southern District of Texas, Thomson Locations: Southern District, The Deerfield , Illinois, Bengaluru
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