VIVUS, Inc., along with its three affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on July 7, 2020. The debtor listed both its assets and liabilities in the range of $100 million and $500 million. The debtor is represented by Mark D. Collins of Richards, Layton & Finger, P.A. and Matthew S. Barr of Weil, Gotshal & Manges LLP as its legal counsels. Piper Sandler Companies and Ernst & Young are appointed as financial advisor and Stretto is appointed as claims and noticing agent for the debtor.