363 Sales

Purdue's opioid deal: Worth less than OxyContin maker promised? - Aljazeera.com

09/18/19

Purdue's opioid deal: Worth less than OxyContin maker promised?  Aljazeera.com

Court documents show Purdue Pharma may provide less than half of the $10bn it estimated in its bankruptcy filing.

[more]

Purdue Pharma asks bankruptcy judge to block lawsuits against Sacklers - MarketWatch

09/18/19

Purdue Pharma asks bankruptcy judge to block lawsuits against Sacklers  MarketWatch

OxyContin maker Purdue Pharma on Wednesday asked a bankruptcy court judge to halt all lawsuits against the company and its former directors, including...

[more]

Contura Announces Agreement in Sale of PRB Mines - County 17

09/18/19

Contura Announces Agreement in Sale of PRB Mines  County 17

Contura Energy announced today that they've entered into an agreement with Eagle Specialty Materials, LLC, an affiliate of FM Coal, LLC, to acquire and ...

[more]

SingPost says sale of struggling US e-commerce units saw 'no acceptable offers' - The Straits Times

09/18/19

SingPost says sale of struggling US e-commerce units saw 'no acceptable offers'  The Straits Times

SINGAPORE - Mail and logistics firm Singapore Post (SingPost) said on Thursday (Sept 19) that its six-month sale process for its US e-commerce businesses ...

[more]

Democrats favor righteous rage, GOP the safer bet in Purdue opioids settlement - Politico

09/18/19

Democrats favor righteous rage, GOP the safer bet in Purdue opioids settlement  Politico

The vitriol reflects the Sacklers' position as the poster children of drug industry malfeasance.

[more]

Opioid settlement is not about the money - Seattle Times

09/18/19

Opioid settlement is not about the money  Seattle Times

It should fall to a civil court — not a bankruptcy judge — to decide whether Purdue and the Sacklers are truly blameless.

[more]

Barneys Gets Court's OK For Exec Bonus Plan If It's Sold - WWD

09/18/19

Barneys Gets Court's OK For Exec Bonus Plan If It's Sold  WWD

A New York bankruptcy court approved a plan to reward two top Barneys executives if they help pull off a going concern sale at a good price.

[more]

Multiple bids submitted for St. Christopher's Hospital for Children - Philadelphia Business Journal

09/18/19

Multiple bids submitted for St. Christopher's Hospital for Children  Philadelphia Business Journal

The identity of parties involved in one joint proposal to acquire the North Philadelphia pediatric medical center is known.

[more]

Proposed Increase in Home Rule Sales Tax Will Hurt Local Businesses, Chamber Survey Says - Evanston RoundTable

09/18/19

Proposed Increase in Home Rule Sales Tax Will Hurt Local Businesses, Chamber Survey Says  Evanston RoundTable

Aldermen have not yet had a full-blown discussion on City staff's proposal to increase the City's home-rule tax by .25%. Staff has put the issue on a fast track to ...

[more]

Insys Bankruptcy Plan Comes Up Short in Paying Justice Department - Wall Street Journal

09/18/19

Insys Bankruptcy Plan Comes Up Short in Paying Justice Department  Wall Street Journal

Insys Therapeutics, the first drugmaker to be driven to bankruptcy as a result of litigation over the nation's opioid crisis, has outlined its plan to wind down its ...

[more]