Koros USA Inc., a Moorpark, California-based company, has been manufacturing specialized surgical tools for nearly four decades. The company filed for Chapter 11 bankruptcy protection on October 12. Its petition lists unsecured claims involving trade debts, utilities, credit cards, and an employment-related dispute.
Note: Chapter 11 allows businesses to reorganize their debts while continuing operations under court supervision. A Chapter 11 filing does not necessarily mean that a business is closing. For additional information, readers are encouraged to contact the business directly.
Koros USA Inc. Files for Chapter 11
The company submitted its petition to the U.S. Bankruptcy Court for the Central District of California. According to the details, Koros USA Inc. submitted a list of creditors with the largest unsecured claims. Some of these claims are tied to wage complaints, trade debts, utilities, and credit card payments.
The petition lists American Express, Visa Card Services, Manadana Fry, Spectrum, and the Internal Revenue Service among the creditors with unsecured claims.
About the Company
Koros USA Inc. operates as a medical device company that develops and manufactures specialized surgical instruments. Founded in 1987, the company’s offerings for surgical fields have included a range of products. These include instruments focused on spine, orthopedics, neurology, vascular surgery, and cardiothoracic surgery.
Products include Osteopunch rongeurs, suction cannulas, surgical access systems, and mini-thoracotomy retractors. The company also provides original equipment manufacturer (OEM) services to other medical device businesses. It also offers custom modifications to its surgical instruments.
Details of the Chapter 11 Filing
Court records on PACER show that the company’s CEO and CFO, Tibor Koros, signed the petition before it was filed. Attorney Michael Jay Berger of the Law Offices of Michael Jay Berger is representing the company.
A list of equity security holders shows that Gabriel Koros and Tibor Koros hold ownership in the company.
A summary of the Chapter 11 petition is shared here:
- Filing Date: October 12, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Central District of California
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 9:26-bk-11494-RC
- Estimated Assets: Between $1,000,001 and $10 million
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: 1-49
Koros USA Inc. filed its Chapter 11 petition on October 12 in the U.S. Bankruptcy Court for the Central District of California. Court records do not specify the reasons for the filing.
