Post-confirmation Report Chapter 11 — Vyaire Medical, Inc., Quarter Ending Date 09/30/2025 (Doc 1131)
What This Document Is
This is the lead-case Chapter 11 Post-Confirmation Report for the quarter ending September 30, 2025, filed October 20, 2025 on UST Form 11-PCR by David M. Barse, the Plan Administrator, with signature blocks dated October 21, 2025. It is the third full-quarter report after the Plan's November 27, 2024 effective date, following Q1 (Docket No. 1064) and Q2 (Docket No. 1118).
Factual Summary
The report states total cash disbursements of $2,444,644 for the quarter and $26,046,196 cumulative since the effective date, with no non-cash transfers — down from Q2's $3,312,131 quarterly pace, and up from Q2's $23,601,552 cumulative. Preconfirmation bankruptcy professional fees remain at $40,670,139 cumulative, unchanged for a second consecutive quarter, with the same eight-firm breakdown led by Kirkland & Ellis LLP ($12,292,457), AP Services, LLC ($11,511,316), PJT Partners LP ($8,139,213), and Cole Schotz P.C. ($3,142,087). This report also itemizes the nonbankruptcy professional-fee component ($205,690 cumulative) by firm — Morgan, Lewis & Bockius LLP ($136,082), Fox Rothschild LLP ($39,349), Linklaters LLP ($13,647), Hyman, Phelps & McNamara ($8,718), Fragomen ($5,442), Hogan Lovells US LLP ($1,256), Littler Mendelson ($1,113), Porzio, Bromberg & Newman ($83), and three zero-amount entries — bringing combined debtor-and-committee fees to $40,875,830, unchanged in total. Plan recoveries show administrative claims 100% paid ($25,934,164 of $25,934,164 allowed, up from $23,489,520 in Q2 — the quarter's entire $2,444,644 disbursement), priority claims flat at $112,032 (100% paid), and secured and general unsecured claims at $0 paid against $0 allowed.
Key Facts
- Docket Entry 1131, filed 2025-10-20; quarter ending 2025-09-30; signed by Patrick Reilley and David Barse with 10/21/2025 signature dates.
- Total cash disbursements: $2,444,644 quarterly; $26,046,196 cumulative.
- Administrative claims 100% paid: $25,934,164 allowed and paid, up $2,444,644 from Q2.
- Priority claims unchanged at $112,032, 100% paid; general unsecured claims still $0 paid.
- Professional fees flat for the second quarter: $40,670,139 bankruptcy / $40,875,830 combined; nonbankruptcy component itemized at $205,690.
Source Caveats
- The docket stamp reads filed 10/20/25 while both signature blocks are dated 10/21/2025 — a one-day internal inconsistency in the source, noted not resolved.
- The Part 4 questionnaire's Yes/No checkboxes (final report; U.S. Trustee fee currency) do not render in the extracted text; the final-decree date field is blank and the docket treats this as a routine quarterly report, but the checked boxes should be verified against the PDF image.
- The canonical source page URL carries the form's generic 2021-12-01 UST revision date, not this report's quarter.
- Date
- 2025-10-20
Cite this document
“Post-confirmation Report Chapter 11 — Vyaire Medical, Inc., Quarter Ending Date 09/30/2025 (Doc 1131).”
Original at ecf.deb.uscourts.gov, dated 2025-10-20. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-12-01-post-confirmation-report-chapter-11-c994c65e-1/
, SHA-256 c994c65e4487fa1b0b39a1eb37e4d0fd1d926b4f33a7ead4a93efcd4251f4e5a.Full text
Case 24-11217-BLS Doc 1131 Filed 10/20/25 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: 09/30/2025 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
10/21/2025
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 1131 Filed 10/20/25 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 $2,444,644 $26,046,196
b. Non-cash securities transferred $0 $0
c. Other non-cash property transferred $0 $0
d. Total transferred (a+b+c) $2,444,644 $26,046,196
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
x
xi
xii
xiii
xiv
xv
xvi
xvii
xviii
xix
xx
xxi
xxii
xxiii
xxiv
xxv
xxvi
xxvii
xxviii
xxix
UST Form 11-PCR (12/01/2021) 2
Case 24-11217-BLS Doc 1131 Filed 10/20/25 Page 3 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
xxx
xxxi
xxxii
xxxiii
xxxiv
xxxv
xxxvi
xxxvii
xxxviii
xxxix
xl
xli
xlii
xliii
xliv
xlv
xlvi
xlvii
xlviii
xlix
l
li
lii
liii
liv
lv
lvi
lvii
lviii
lix
lx
lxi
lxii
lxiii
lxiv
lxv
lxvi
lxvii
lxviii
lxix
lxx
lxxi
UST Form 11-PCR (12/01/2021) 3
Case 24-11217-BLS Doc 1131 Filed 10/20/25 Page 4 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
lxxii
lxxiii
lxxiv
lxxv
lxxvi
lxxvii
lxxviii
lxxix
lxxx
lxxxi
lxxxii
lxxxiii
lxxxiv
lxxxv
lxxxvi
lxxxvii
lxxxvii
lxxxix
xc
xci
xcii
xciii
xciv
xcv
xcvi
xcvii
xcviii
xcix
c
ci
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 1131 Filed 10/20/25 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
xii
xiii
xiv
xv
xvi
xvii
xviii
xix
xx
xxi
xxii
xxiii
xxiv
xxv
xxvi
xxvii
xxviii
xxix
xxx
xxxi
xxxii
xxxiii
xxxiv
xxxv
xxxvi
xxxvii
xxxviii
xxxix
xl
xli
xlii
xliii
xliv
xlv
xlvi
xlvii
xlviii
UST Form 11-PCR (12/01/2021) 5
Case 24-11217-BLS Doc 1131 Filed 10/20/25 Page 6 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
xlix
l
li
lii
liii
liv
lv
lvi
lvii
lviii
lix
lx
lxi
lxii
lxiii
lxiv
lxv
lxvi
lxvii
lxviii
lxix
lxx
lxxi
lxxii
lxxiii
lxxiv
lxxv
lxxvi
lxxvii
lxxviii
lxxix
lxxx
lxxxi
lxxxii
lxxxiii
lxxxiv
lxxxv
lxxxvi
lxxxvii
lxxxvii
lxxxix
xc
UST Form 11-PCR (12/01/2021) 6
Case 24-11217-BLS Doc 1131 Filed 10/20/25 Page 7 of 10
Debtor's Name Vyaire Medical, Inc. Case No. 24-11217
xci
xcii
xciii
xciv
xcv
xcvi
xcvii
xcviii
xcix
c
ci
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 $2,444,644 $25,934,164 $25,934,164 100%
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 1131 Filed 10/20/25 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 10/21/2025
Title Date
UST Form 11-PCR (12/01/2021) 8
Case 24-11217-BLS Doc 1131 Filed 10/20/25 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 1131 Filed 10/20/25 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
File and source
- File
- gov.uscourts.deb.193283.1131.0.pdf
- Size
- 154,879 bytes
- SHA-256
- c994c65e4487fa1b0b39a1eb37e4d0fd1d926b4f33a7ead4a93efcd4251f4e5a
- Original
- PACER (login required)