Clearside Bio Wants Block On $100M Bid That 'Froze' Auction

By Alex Wittenberg · February 20, 2026, 7:50 PM EST

Clearside Biomedical has urged a Delaware bankruptcy judge to block a KKR & Co.-owned firm from credit bidding some $100 million in allegedly secured debt in its Chapter 11 auction, saying...

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Bankruptcy Scorecard

Summary

Clearside Biomedical, a company developing treatments for eye diseases, filed for Chapter 11 protection in Delaware bankruptcy court with $64 million in debt, saying it will attempt to sell its business during the case.

Case Number

1:25-bk-12109

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$64 million in liabilities

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Documents

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Case Information

Case Title

Clearside Biomedical, Inc.

Case Number

1:25-bk-12109

Court

Delaware

Nature of Suit

Date Filed

November 23, 2025

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