Provider of EHR and practice management solutions for eye care providers
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Force 10 safeguarded creditor interests and shaped a successful reorganization plan in Eye Care Leaders’ Chapter 11 bankruptcy, enabling the company to emerge with a stronger financial foundation and a path to operational stability.
Force 10 served as the financial advisor to the Official Committee of Unsecured Creditors in the Chapter 11 bankruptcy of Eye Care Leaders. The company faced severe challenges, including ransomware attacks, security breaches, operational inefficiencies, and financial strains that hindered its ability to meet obligations to vendors and taxing authorities. Despite efforts by new leadership to stabilize operations, these issues ultimately led to the bankruptcy filing in January 2024. Force 10 played a pivotal role in assessing the company’s financial position, protecting creditor interests, and contributing to the development of a reorganization plan. The plan, confirmed in September 2024, allowed Eye Care Leaders to emerge from bankruptcy with a restructured balance sheet, positioning it for long-term operational stability and customer support continuity.
