AAIPHARMA COMES OUT OF CHAPTER 11

It's been a long, bumpy road to reorganization for Wilmington-based aaiPharma, but on Tuesday the pharmaceutical company emerged from Chapter 11 protection — albeit as a smaller, private company. Ownership of the reorganized aaiPharma is distributed among a small pool of debt holders that includes JPMorgan Securities Inc. The company's prior common stock is now worthless.
Triangle Business Journal