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Post-confirmation Report Chapter 11 — Vyaire Medical, Inc., Quarter Ending Date 12/31/2025 (Doc 1154)

What This Document Is

This is the UST Form 11-PCR Post-Confirmation Report for Vyaire Medical, Inc. — the lead debtor in the jointly administered case — for the quarter ending December 31, 2025, filed January 15, 2026 at docket entry 1154. It is the latest in the sequence of lead-case reports (see docket entry 1064 for Q1 2025) that track disbursements and professional fees against the many zero-activity affiliate 11-PCR filings elsewhere in this docket.

Factual Summary

The report states total cash disbursements of $253,513 for the quarter and $26,299,709 cumulative since the November 27, 2024 Plan Effective Date, with no non-cash transfers. Cumulative approved professional fees and expenses (bankruptcy) remain $40,670,139 — identical to Q1 2025 — with $0 approved or paid this quarter, indicating no new fee applications were approved. The itemized cumulative breakdown by firm is unchanged: Kirkland & Ellis LLP ($12,292,457, co-counsel), AP Services, LLC ($11,511,316, financial professional), PJT Partners LP ($8,139,213, financial professional), Cole Schotz P.C. ($3,142,087, co-counsel), McDermott Will & Emery LLP ($2,240,734, other), Berkeley Research Group ($1,801,323, other), and BDO USA, P.C. ($1,505,330, other). Combined debtor-and-committee professional fees total $40,875,830 cumulative, also unchanged, with $0 paid this quarter. Recoveries show administrative claims 100% paid ($26,187,677 of $26,187,677 allowed — up from $20,226,436 in Q1 2025) and priority claims 100% paid ($112,032 of $112,032 allowed, up from $62,984). Secured and general unsecured claims remain $0 paid against $0 allowed. Not a final report; debtor current on U.S. Trustee quarterly fees.

Key Facts

  • Docket entry 1154, filed January 15, 2026; reporting period ending December 31, 2025.
  • Total cash disbursements: $253,513 for the quarter; $26,299,709 cumulative since the November 27, 2024 Effective Date.
  • Cumulative approved professional fees/expenses unchanged from Q1 2025: $40,670,139 (debtor professionals) / $40,875,830 (debtor and committees combined); $0 newly approved or paid this quarter.
  • Administrative claims allowed/paid grew to $26,187,677 (100%), up from $20,226,436 reported for Q1 2025; priority claims grew to $112,032 (100%), up from $62,984.
  • Secured claims and general unsecured claims remain $0 paid against $0 allowed.
  • Not a final report; debtor current on U.S. Trustee quarterly fees.

Source Caveats

  • The queue-stored canonical URL uses a 2021-12-01 date, matching the UST form's own revision date printed in its footer ("UST Form 11-PCR (12/01/2021)"), not this report's January 2026 filing date; this summary uses the docket's actual filing and reporting-period dates.
  • Pages 2–6 of the itemized professional-fee schedule consist mostly of blank numbered list rows (roman numerals with no firm names or figures) between the populated entries reviewed; only firms with non-blank rows are itemized above.
  • Pages 9–10 consist of unlabeled chart/table placeholders in the extracted text ("Page 1," "Bankruptcy Table 1-50," etc.) with no readable data; they are not summarized as substantive content.
Date
2026-01-15

Cite this document

“Post-confirmation Report Chapter 11 — Vyaire Medical, Inc., Quarter Ending Date 12/31/2025 (Doc 1154).” Original at ecf.deb.uscourts.gov, dated 2026-01-15. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-12-01-post-confirmation-report-chapter-11-5a1fbb58-1/, SHA-256 5a1fbb583788e71cb1347f5d2fd2b08b9bc908a13df75d15044c129d1cdc9c3f.

Full text

                         Case 24-11217-BLS              Doc 1154         Filed 01/15/26         Page 1 of 10

                                    UNITED STATES BANKRUPTCY COURT
                                                          DISTRICT OF         Delaware



In re: Vyaire Medical, Inc.                                       §                 Case No.      24-11217
                                                                  §
                                                                                    Lead Case No.       24-11217
                                                                  §
                      Debtor(s)                                   §                      Jointly Administered

Post-confirmation Report                                                                                                 Chapter 11

Quarter Ending Date: 12/31/2025                                                             Petition Date: 06/09/2024



Plan Confirmed Date:11/14/2024                                                        Plan Effective Date: 11/27/2024


This Post-confirmation Report relates to:     Reorganized Debtor
                                              Other Authorized Party or Entity:
                                                                                     Name of Authorized Party or
                                                                                     Entity




/s/ PATRICK REILLEY                                                      PATRICK REILLEY
Signature of Responsible Party                                           Printed Name of Responsible Party
01/16/2026
Date                                                                     500 Delaware Avenue, Suite 200
                                                                         Wilmington, DE 19801
                                                                         Address


STATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. §
1320.4(a)(2) applies.




UST Form 11-PCR (12/01/2021)                                       1
                              Case 24-11217-BLS                  Doc 1154        Filed 01/15/26        Page 2 of 10
Debtor's Name Vyaire Medical, Inc.                                                                            Case No. 24-11217


Part 1: Summary of Post-confirmation Transfers

                                                                                                                          Total Since
                                                                                                 Current Quarter         Effective Date

     a. Total cash disbursements                                                                         $253,513              $26,299,709
 b. Non-cash securities transferred                                                                              $0                     $0
     c. Other non-cash property transferred                                                                      $0                     $0
 d. Total transferred (a+b+c)                                                                            $253,513              $26,299,709

Part 2: Preconfirmation Professional Fees and Expenses
                                                                                 Approved        Approved       Paid Current     Paid
                                                                                  Current        Cumulative       Quarter      Cumulative
a.         Professional fees & expenses (bankruptcy)
                                                                                            $0    $40,670,139             $0    $40,670,139
           incurred by or on behalf of the debtor              Aggregate Total
           Itemized Breakdown by Firm
                    Firm Name                          Role
           i        Kirkland & Ellis LLP               Co-Counsel                           $0    $12,292,457             $0    $12,292,457
           ii       Cole Schotz P.C.                   Co-Counsel                           $0     $3,142,087             $0      $3,142,087
           iii      AP Services, LLC                   Financial Professional               $0    $11,511,316             $0    $11,511,316
           iv       PJT Partners LP                    Financial Professional               $0     $8,139,213             $0      $8,139,213
           v        Omni Agent Solutions, Inc.         Other                                $0       $37,679              $0        $37,679
           vi       BDO USA, P.C.                      Other                                $0     $1,505,330             $0      $1,505,330
           vii      McDermott Will & Emery LLP Other                                        $0     $2,240,734             $0      $2,240,734
           viii     Berkeley Research Group            Other                                $0     $1,801,323             $0      $1,801,323
           ix
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UST Form 11-PCR (12/01/2021)                                                 2
                        Case 24-11217-BLS   Doc 1154   Filed 01/15/26   Page 3 of 10
Debtor's Name Vyaire Medical, Inc.                                         Case No. 24-11217


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UST Form 11-PCR (12/01/2021)                      3
                           Case 24-11217-BLS                     Doc 1154        Filed 01/15/26        Page 4 of 10
Debtor's Name Vyaire Medical, Inc.                                                                             Case No. 24-11217


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                                                                                  Approved        Approved      Paid Current     Paid
                                                                                   Current        Cumulative      Quarter      Cumulative
b.      Professional fees & expenses (nonbankruptcy)
                                                                                             $0      $205,690             $0       $205,690
        incurred by or on behalf of the debtor                 Aggregate Total
        Itemized Breakdown by Firm
                  Firm Name                            Role
        i         Morgan, Lewis & Bockius LLP Other                                          $0      $136,082             $0       $136,082
        ii        Irwin Fritchie Urquhart Moore Other                                        $0            $0             $0            $0
        iii       Fox Rothschild, LLP                  Other                                 $0       $39,349             $0        $39,349
        iv        Hyman, Phelps & McNamara P Other                                           $0        $8,718             $0         $8,718
        v         Linklaters LLP                       Other                                 $0       $13,647             $0        $13,647
        vi        Porzio, Bromberg & Newman, POther                                          $0           $83             $0           $83


UST Form 11-PCR (12/01/2021)                                                 4
                           Case 24-11217-BLS           Doc 1154   Filed 01/15/26   Page 5 of 10
Debtor's Name Vyaire Medical, Inc.                                                      Case No. 24-11217


        vii       Hogan Lovells US LLP        Other                       $0       $1,256          $0       $1,256
        viii      Littler Mendelson, P.C.     Other                       $0       $1,113          $0       $1,113
        ix        Fragomen, Del Rey, Bernsen & Other                      $0       $5,442          $0       $5,442
        x         Gordon Rees Scully MansukhanOther                       $0          $0           $0          $0
        xi        Winston & Strawn LLP        Other                       $0          $0           $0          $0
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UST Form 11-PCR (12/01/2021)                                 5
                        Case 24-11217-BLS   Doc 1154   Filed 01/15/26   Page 6 of 10
Debtor's Name Vyaire Medical, Inc.                                         Case No. 24-11217


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UST Form 11-PCR (12/01/2021)                      6
                                  Case 24-11217-BLS             Doc 1154           Filed 01/15/26          Page 7 of 10
Debtor's Name Vyaire Medical, Inc.                                                                               Case No. 24-11217


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c.          All professional fees and expenses (debtor & committees)                            $0   $40,875,830             $0     $40,875,830

Part 3: Recoveries of the Holders of Claims and Interests under Confirmed Plan
                                                     Total
                                                  Anticipated                                                                       % Paid of
                                                   Payments           Paid Current                                                  Allowed
                                                  Under Plan            Quarter            Paid Cumulative      Allowed Claims       Claims
 a. Administrative claims                                       $0              $253,513         $26,187,677          $26,187,677       100%
 b. Secured claims                                              $0                   $0                   $0                  $0          0%
 c. Priority claims                                             $0                   $0              $112,032           $112,032        100%
 d. General unsecured claims                                    $0                   $0                   $0                  $0          0%
 e. Equity interests                                            $0                   $0                   $0


Part 4: Questionnaire
     a. Is this a final report?                                                                                 Yes     No
             If yes, give date Final Decree was entered:
             If no, give date when the application for Final Decree is anticipated:
     b. Are you current with quarterly U.S. Trustee fees as set forth under 28 U.S.C. § 1930?                   Yes     No




UST Form 11-PCR (12/01/2021)                                                7
                         Case 24-11217-BLS           Doc 1154        Filed 01/15/26         Page 8 of 10
Debtor's Name Vyaire Medical, Inc.                                                               Case No. 24-11217




                                                       Privacy Act Statement
28 U.S.C. § 589b authorizes the collection of this information and provision of this information is mandatory. The United
States Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6) and to otherwise
evaluate whether a reorganized chapter 11 debtor is performing as anticipated under a confirmed plan. Disclosure of this
information may be to a bankruptcy trustee when the information is needed to perform the trustee's duties, or to the
appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information indicates a
violation or potential violation of law. Other disclosures may be made for routine purposes. For a discussion of the types
of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's systems of
records notice, UST-001, "Bankruptcy Case Files and Associated Records." See 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006).
A copy of the notice may be obtained at the following link: http://www.justice.gov/ust/eo/rules_regulations/index.htm.
Failure to provide this information could result in the dismissal or conversion of your bankruptcy case, or other action by
the United States Trustee. 11 U.S.C. § 1112(b)(4)(F).


I declare under penalty of perjury that the foregoing Post-confirmation Report and its attachments, if any,
are true and correct and that I have been authorized to sign this report.



/s/ DAVID BARSE                                                      DAVID BARSE
Signature of Responsible Party                                        Printed Name of Responsible Party
PLAN ADMINISTRATOR                                                    01/16/2026
Title                                                                 Date




UST Form 11-PCR (12/01/2021)                                    8
                        Case 24-11217-BLS   Doc 1154            Filed 01/15/26   Page 9 of 10
Debtor's Name Vyaire Medical, Inc.                                                  Case No. 24-11217




                                                       Page 1




                                                    Other Page 1




                                               Page 2 Minus Tables




                                               Bankruptcy Table 1-50



UST Form 11-PCR (12/01/2021)                           9
                       Case 24-11217-BLS   Doc 1154             Filed 01/15/26   Page 10 of 10
Debtor's Name Vyaire Medical, Inc.                                                   Case No. 24-11217




                                              Bankruptcy Table 51-100




                                              Non-Bankruptcy Table 1-50




                                             Non-Bankruptcy Table 51-100




                                                Part 3, Part 4, Last Page




UST Form 11-PCR (12/01/2021)                            10


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