Carbon Health Reaches Creditor Deal to Support Bankruptcy Plan

Carbon Health Technologies Inc. negotiated a comprehensive settlement with creditors that clears a path for the primary and urgent care provider chain to exit bankruptcy through a sale to its secured lender.

An official committee of unsecured creditors has agreed to support Carbon Health’s Chapter 11 plan proposal and transaction with Future Solution Investments LLC, the company said. Its filing Wednesday with the US Bankruptcy Court for the Southern District of Texas outlined the terms of a mediated deal among the parties.

Unsecured creditors have opposed Carbon Health’s dealings with FSI since the company filed for bankruptcy in February. But ...