Filing Alert: PsychPlus Chapter 11

P Health Inc (dba PsychPlus), a Houston, TX-based mental health services company, filed for Chapter 11 protection on May 8 in the U.S. Bankruptcy Court for the Southern District of Texas.

The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-33334.

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Key Parties

Counsel:

• Jared M. Slade
  Alston & Bird LLP
  Email: jared.slade@alston.com

Signatories:

• Faisal Tai – President and Chief Executive Officer