Reorganizations

Purdue Pharma and Sacklers Reach $270 Million Settlement in Opioid Lawsuit  The New York Times

Purdue Pharma, the maker of OxyContin, and its owners, the Sackler family, agreed to pay $270 million to avoid going to a state court trial over the company's ...

PG&E bonus plan in wildfire-linked bankruptcy case draws objections from U.S. trustee  East Bay Times

PG&E's plan to reward thousands of employees with hundreds of millions of dollars in bonuses — floated in its bankruptcy case at a time when some wildfire ...

Kansas hospital takes step toward reopening after entering bankruptcy  Becker's Hospital Review

Horton (Kan.) Community Hospital closed March 12, but it has begun the process of reopening, according to local TV station WIBW.

Purdue Pharma and Sacklers Reach $270 Million Settlement in Opioid Lawsuit  The New York Times

Purdue Pharma, the maker of OxyContin, and its owners, the Sackler family, agreed to pay $270 million to avoid going to trial in a closely-watched lawsuit over ...

Local Rhino Rush files for bankruptcy protection, Texas company acquires assets  Idaho Press-Tribune

Meridian energy drink company Rhino Rush, LLC filed for bankruptcy protection this month, and a Texas company acquired its assets.