Dayville, CT-based Miyoshi America, Inc. has filed for Chapter 11 bankruptcy. The cosmetic ingredient manufacturer plans to restructure under court supervision while its usual operations continue uninterrupted.
Case filings indicate that the company has faced talc lawsuits in the past. Additionally, the company has listed more than 200 creditors in its petition.
Miyoshi America, Inc. Files for Chapter 11
On April 27, 2026, the company, which is also a subsidiary of Miyoshi Kasei, Inc., filed for Chapter 11.
Attorney Charles S. Kelley of Mayer Brown LLP represents the company in the U.S. Bankruptcy Court for the Southern District of Texas.
Case filings with RK Consultants indicate that a reorganization plan was filed with the petition. According to it, Miyoshi America, Inc. secured emergency funding from its affiliate, Miyoshi Kasei, Inc., which could help it continue operating.
A recently approved board resolution included in the petition authorizes the company to enter a ‘debtor-in-possession’ (DIP) loan agreement. This agreement will grant lender Miyoshi Kasei, Inc. top-priority status for repayment, along with a claim to the company’s assets as collateral.
With the cash received, Miyoshi America, Inc. could continue regular operations while restructuring under court guidance.
Recent Court Filings
PacerMonitor reports that the company has already filed several documents. These include emergency motions related to the payment of prepetition claims, the continuation of the cash management system, payment of taxes and fees, continuation of insurance coverage, and payment of employee wages and benefits.
According to RK Consultants, the company has listed around 200 to 900 creditors in its petition. Court filings suggest that funds will be available for distribution to the unsecured creditors.
More details from the Chapter 11 petition, also on PACER, are summarized here:
- Filing Date: April 27, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Southern District of Texas
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 26-90522
- Estimated Assets: Between $10,000,001 and $50 million
- Estimated Liabilities: Between $10,000,001 and $50 million
- Reason for Filing: Restructure business under court supervision
Law Firms Involved in its Talc Lawsuits
Case filings on RK Consultants indicate that the company faces talc-related claims from customers. A section of its petition is titled ” List of Lead Law Firms with Pending Talc Personal Injury Claims against the Debtor (Miyoshi America, Inc.). Some of these are Maune Raichle Hartley French & Mudd, LLC, Simon Greenstone Panatier, P.C., and Meirowitz & Wasserberg, LLP.
Generally, personal injury lawsuits carry significant potential liability; these law firms are listed because they represent the individuals suing the company.
About the Company
As a subsidiary of Miyoshi Kasei Group, the company develops and manufactures mineral substrates and surface-treated pigments. These products are used in skincare formulations and color cosmetics.
Since its inception in 1985, the company has advanced silicone surface treatment technology, which was first developed in the 1970s by its parent entity. Offerings through this include functional materials, dispersions, and treated pigments.
The company participated in the NYSCC Suppliers’ Day 2025 and presented new formulation innovations. It also received a gold rating from EcoVadis based on its emphasis on sustainability.
Miyoshi America, Inc. has not posted updates on its website or social media. Nevertheless, the court’s ruling on its recently shared reorganization plan could determine the direction of the Chapter 11 process.
