Legal and Financial Firepower in Place
To navigate the complex legal and financial terrain of Chapter 11, Accelerate has retained:
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Fried, Frank, Harris, Shriver & Jacobson LLP as legal counsel
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Solic Capital as financial advisor
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Perella Weinberg Partners L.P. as restructuring investment banker
These heavy-hitters are tasked with executing a high-wire act—preserving business value while navigating a labyrinth of creditor interests, regulatory oversight, and market skepticism.
The coming weeks will determine whether Accelerate Diagnostics survives as a streamlined version of its former self—or becomes a cautionary tale in biotech finance. With the courtroom now the battlefield, all eyes turn to Delaware as bidders, bankers, and lawyers prepare for a deal that could change the company’s fate forever.
