Akorn Holding Company LLC filed a motion in the US Bankruptcy Court seeking the conversion of its bankruptcy case from Chapter 7 liquidation to Chapter 11 liquidation on June 21, 2024. The reason being that the debtor intends to file chapter 11 plan of liquidation as the debtors were eligible to file petition under chapter 11. Thus, there is no reason to imply that the cases are doomed to remain in chapter 7.