McKinsey Faces US Criminal Probe Over Opioids Work, Sources Say April 25, 2024 By Mike Spector, Nate Raymond and Chris Prentice McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key...
Drugmaker Endo Receives Court Approval for Bankruptcy Restructuring March 20, 2024 Bankrupt drugmaker Endo International said on Tuesday a U.S. Bankruptcy Court has approved its restructuring plan and related opioid settlements...
Rite Aid Opioid Settlement: Victims Will Likely Get No Payment March 12, 2024 By Amelia Pollard and Fiona Rutherford Nancy Zailo is at the back of the line. She’s behind Jeffrey Stein, the Rite Aid Corp. chief executive collecting...
Drugmaker Endo Reaches $465M Bankruptcy Settlement With US March 1, 2024 By Dietrich Knauth Bankrupt drugmaker Endo International will pay up to $465 million to settle the federal government’s law enforcement, tax, and healthcare...
Rite Aid Agrees to Mediation With Opioid Victims, Creditor Panel December 20, 2023 By Steven Church and Amelia Pollard Bankrupt pharmacy chain Rite Aid Corp. agreed to begin court-supervised mediation with lower ranking creditors, including groups that blame the...
US Supreme Court Torn Over Purdue Pharma Bankruptcy Settlement December 5, 2023 By John Kruzel and Andrew Chung U.S. Supreme Court justices on Monday struggled over whether to approve OxyContin maker Purdue Pharma’s bankruptcy settlement, voicing concern the...
US Supreme Court Set to Review Purdue Pharma Bankruptcy Settlement December 4, 2023 By John Kruzel and Andrew Chung The U.S. Supreme Court on Monday is set to hear a challenge by President Joe Biden’s administration to the legality...
SCOTUS to Hear Purdue Pharma Settlement Plan That’s Dividing Opioid Victims November 27, 2023 By Geoff Mulvihill and Mark Sherman The agreement by the maker of OxyContin to settle thousands of lawsuits over the harm done by opioids could help...
Rite Aid Files for Bankruptcy Amid Rising Debt, Opioid Litigation October 16, 2023 By Abinaya V Debt-laden Rite Aid filed for bankruptcy protection on Sunday and said it would close underperforming stores, as the drugstore chain...
Court OKs Mallinckrodt Restructuring, $1 Billion Cut to Opioid Settlement October 11, 2023 By Dietrich Knauth Drugmaker Mallinckrodt on Oct. 10 won court approval for a bankruptcy plan that cuts $1 billion from what it must...