Invitae Corporation, along with its five affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of New Jersey on February 13, 2024. The debtor listed its assets in the range of $500 million to $1 billion and liabilities in the range of $1 billion to $10 billion. The debtor is represented by Michael D. Sirota of Cole Schotz P.C., Kirkland & Ellis LLP and Kirkland & Ellis International LLP as its legal counsels.

The debtor also hired Moelis & Company LLC as its investment banker, FTI Consulting, Inc as its restructuring advisor, Kurtzman Carson Consultants LLC as its noticing and claims agent and Deloitte Touche Tohmatsu Limited as its tax advisor.