Durham dermatology company files for bankruptcy and reaches deal for sale – (Jim White quoted in N&O)

By Brian Gordon


Durham pharmaceutical company Novan filed for bankruptcy Monday as the publicly traded company prepares to be acquired. “They’re using the bankruptcy process as a way to sell their company,” said Jim White, a bankruptcy attorney at JC White Law Group in Chapel Hill. “That is not uncommon in Chapter 11.”

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Jim White
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Jim White helps people and companies facing serious financial injury by bringing and defending lawsuits and representing debtors in bankruptcy. He has successfully taken on banks, large financial institutions and other corporations in “David v. Goliath” cases. You can reach him at 919-246-4676.