Filing Alert: iRobot Chapter 11
iRobot Corporation, a Bedford, MA-based consumer robotics company best known for its Roomba robot vacuums and Braava floor-mopping robots, filed for Chapter ...
iRobot Corporation and its debtor affiliates⁽¹⁾, a Bedford, MA-based consumer robotics company best known for its Roomba robot vacuums and Braava floor-mopping robots, filed for Chapter 11 protection on Dec. 14 in the U.S. Bankruptcy Court for the District of Delaware.
The company reports $480.3 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-12197.
⁽¹⁾ iRobot US Holdings, LLC and iRobot Holdings LLC.
Top Unsecured Claims
Key Parties
Counsel:
- Andrew L. Magaziner
Young Conaway Stargatt & Taylor, LLP
Email: AMagaziner@ycst.com
General Bankruptcy Counsel:
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
Investment Banker:
- Alvarez & Marsal Holdings, LLC
Signatories:
- Karian Wong – Chief Financial Officer