Criticare was a medical device company that manufactured and marketed patient monitoring systems, used in anesthesia, critical care, and outpatient care settings. On October 19, 2015, Criticare made a voluntary assignment to the Receiver (John Stark) for the benefit of Criticare’s creditors. On December 11, 2015, the Receiver conducted an auction at Criticare’s Waukesha facility and the highest and best bid at the Auction was $3.2 million, plus the waiver of $2.3 million of claims that affiliates had asserted against the estate. Creditors filed a total of 113 general unsecured claims, amounting to $28,759,435.37. Through the efforts of the Receiver and its counsel, the claims were reduced to $13,258,479.13 of agreed-upon pre-petition claims and the payout percentage was 25.94%.