ScripsAmerica, Inc. (OTCBB: SCRC) has filed a chapter 11 petition before the United States Bankruptcy Court for the District of Delaware (Case No. 16-11991). The case has been assigned to the Honorable Laurie Selber Silverstein. The debtor is a provider of pharmaceutical supply chain management services headquartered in Clifton, New Jersey. According to the debtor, the filing is in response to the cessation of its main business line and ongoing litigation in California. The petition (including the list of top 20 creditors) and first day declaration are provided.
Contact Norman L. Pernick and Nicholas J. Brannick for more information.