McKinsey faces US criminal probe over opioids work, sources say: McKinsey & Co is under criminal investigation in the United States over allegations that the ...
reuters.com/business/healthcare-pharmaceuticals/mckinsey-faces-us-criminal-probe-over-opioids-work-sources-say-2024-04-24/
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
Alex Jones still must pay $1B judgment: Judge: Judge says Jones' "intent to harm the Plaintiffs" negates bankruptcy protection.
abcnews.go.com/US/alex-jones-ordered-pay-1-billion-judgment-sandy/story
Quick Glance: Judge: Jones can't use bankruptcy to avoid paying Sandy Hook families
- Judge rules: Alex Jones cannot use bankruptcy to evade over $1.1 billion payment to Sandy Hook families
- Another defeat for Jones after spreading false information about the Sandy Hook massacre
- Jones' fortune is approximately $14 million, but he cannot use bankruptcy to avoid payments
- Families welcome court ruling: Jones' malicious behavior is not protected in bankruptcy court
Supreme Court split on whether the Sackler family can be sued over opioid crisis: The Supreme Court must decide a narrow question but just below the surface is a ...
eu.usatoday.com/story/news/politics/2023/12/04/supreme-court-opioid-oxycontin-purdue-pharma-sackler/71801451007/
Quick Glance: Supreme Court Examines Sackler Family's Role in Opioid Settlement
- The Biden administration is challenging a bankruptcy plan that allows the Sackler family to avoid future lawsuits related to the opioid epidemic.
- This is no ordinary bankruptcy case and involves the nationwide harm caused by the opioid crisis and the role played by Sackler-owned Purdue.
- As part of the proposed deal, which the Supreme Court put on hold in August, the Sackler family had agreed to pay around $6 billion to settle opioid-related claims, but only in return for a complete release from any liability in future cases.
- The overall settlement, including assets held by Purdue, is likely to be worth significantly more, with the reorganized company dedicated to tackling the impact of opioid abuse.
Supreme Court blocks OxyContin maker's bankruptcy deal that would shield Sackler family members
apnews.com/article/supreme-court-opioid-crisis-purdue-bankruptcy-bd417e036d9f6db4b2916fdfbdb56252
Sandy Hook families offer to settle Alex Jones' $1.5 billion legal debt for a minimum of $85 million
apnews.com/article/alex-jones-bankruptcy-sandy-hook-shooting-infowars-4d3323728cf2d5f8da36ae0d2fd3994a
Quick Glance: Alex Jones's $1.5bn Debt Settlement Offered by Sandy Hook Families
- Sandy Hook families win $1.5bn lawsuit against Alex Jones.
- Mr Jones admits to repeated false claims about the deaths, leading to harassment of the victims' families.
- Despite bankruptcy, Mr Jones will not be released from paying the settlement, as ruled by a judge last month.
- The new offer would require Mr Jones to pay the families half of any income he earned over $9m (£7m) per year, as revealed in court filings last week.
India's Go First airline files for bankruptcy, blames Pratt & Whitney: Cash-strapped Indian airline Go First filed for bankruptcy proceedings on Tuesday ...
reuters.com/business/aerospace-defense/indias-cash-strapped-go-first-airways-suspends-flights-et-2023-05-02/
Quick Glance: Go First flights to remain suspended until May 15th
- Bankrupt airline Go First is expected to keep flight operations suspended until May 15th.
- Flights scheduled for May 3-5 have already been cancelled.
- More than half of the fleet of 54 aircraft has been grounded due to engine problems.
- The airline has not responded to queries from Mint at the time of publishing.
Sandy Hook Families Say Alex Jones Cannot Hide Behind Bankruptcy: They told a judge that Mr. Jones should not be allowed to use a Chapter 11 filing to skirt more ...
nytimes.com/2023/08/15/us/alex-jones-bankruptcy-sandy-hook.html
Sacklers Can Be Shielded From Opioid Liability, Appeals Court Rules: The decision gives the Purdue Pharma owners long-sought protection, but it is a major step ...
nytimes.com/2023/05/30/health/sacklers-purdue-liability-bankruptcy.html
Supreme Court allows Boy Scouts bankruptcy plan to proceed: The U.S. Supreme Court is allowing the Boy Scouts of America’s $2.4 billion bankruptcy settlement to ...
star-telegram.com/news/politics-government/article285804461.html
Paid articlePaid
US Supreme Court's Alito pauses Boy Scouts $2.46 billion abuse settlement: U.S. Supreme Court Justice Samuel Alito on Friday temporarily halted the Boy Scouts of ...
reuters.com/legal/us-supreme-courts-alito-temporarily-halts-boy-scouts-246-bln-abuse-settlement-2024-02-16/
Sandy Hook denier Alex Jones eyes late March bankruptcy exit: Sandy Hook conspiracy theorist Alex Jones could exit Chapter 11 bankruptcy by late March or early ...
reut.rs/42acmdu
Rapper 50 Cent loses appeal in $32 million case against ex-lawyers: A bankruptcy court was right to throw out a $32 million lawsuit by rapper Curtis "50 Cent" ...
reuters.com/legal/legalindustry/rapper-50-cent-loses-appeal-32-mln-case-against-ex-lawyers-2023-06-30/
Rite Aid closing 31 more drugstores, including one on Long Island: Rite Aid has already announced two other rounds of closings that will total 171 stores.
newsday.com/business/rite-aid-drugstore-retailer-bankruptcy-closing-stores-miller-place-mf8yinvz
XPO: What The Yellow Corp. Bankruptcy Means For The Company: With the exit of Yellow Corp, XPO is seeing market share gains and pricing power ...
seekingalpha.com/article/4660688-xpo-what-yellow-corp-bankruptcy-means-for-stock
Paid articlePaid
Supreme Court to decide on legality of OxyContin maker's settlement plan with victims of opioid crisis
pbs.org/newshour/nation/supreme-court-to-decide-on-legality-of-oxycontin-makers-settlement-plan-with-victims-of-opioid-crisis
🔊 The Supreme Court appears split over whether to uphold OxyContin maker Purdue Pharma's bankruptcy settlement. @DietrichKnauth tells Reuters World News about the wider ... Show more
The US Supreme Court grappled with the controversial bankruptcy settlement for Purdue Pharma, appearing torn over whether the wealthy Sackler family owners ... Show more
reut.rs/4a5BjdB
reut.rs/4a5BjdB
Editorial: The opioid epidemic is getting worse. Don’t reward one of the main culprits.
chicagotribune.com/opinion/editorials/ct-editorial-sackler-pharma-fentanyl-20231211-olggloydnbfrdi755adkmrh3vy-story.html
Sackler family: Where are they now, who went to jail?: Many believe that the Sackler-owned company Purdue Pharma is responsible for igniting the opioid epidemic ...
insider.com/sackler-family-where-are-they-now-netflix-painkiller-2023-8
Supreme Court Hears Challenge to Bankruptcy Plan Shielding Sacklers from Opioid Liability
democracynow.org/2023/12/5/headlines/supreme_court_hears_challenge_to_bankruptcy_plan_shielding_sacklers_from_opioid_liability
Sandy Hook Families Offer Alex Jones an $85 Million Settlement: A year after conspiracy theorist Alex Jones was ordered to pay Sandy Hook families nearly $1 ...
thecut.com/2023/11/alex-jones-is-on-trial-for-sandy-hook-conspiracy-theories.html
Boy Scouts abuse settlement shouldn't wait on US Supreme Court's Purdue appeal - judge
reuters.com/legal/litigation/boy-scouts-abuse-settlement-shouldnt-wait-us-supreme-courts-purdue-appeal-judge-2023-10-03/
Boy Scouts abuse settlement faces questions as US Supreme Court weighs Purdue appeal
reuters.com/legal/litigation/boy-scouts-abuse-settlement-faces-questions-us-supreme-court-weighs-purdue-2023-09-12/
America’s courts weigh in on how firms resolve liability claims: The Supreme Court is reviewing Purdue Pharma’s bankruptcy plan
economist.com/business/2023/08/17/americas-courts-weigh-in-on-how-firms-resolve-liability-claims
Meet The Man Who Fought The Sacklers On Their Opioid Bankruptcy Deal: Attorney Michael Quinn helped artist Nan Goldin try to hold the Sacklers accountable for ...
forbes.com/sites/dianebrady/2023/08/15/meet-the-man-who-fought-the-sacklers-on-their-opioid-bankruptcy-deal/
Ed Bisch had never even heard the term “oxy” when his 18-year-old son, Eddie, fatally overdosed from the drug in 2001. Nor did he know he’d spend the next ... Show more
Opinion | Purdue Pharma’s Bankruptcy Heads to the Supreme Court: A 40-year-old strategy for dealing with mass torts may end up needing a new look from Congress.
wsj.com/articles/purdue-pharmas-bankruptcy-heads-to-the-supreme-court-asbestos-sackler-trust-90d810a4
Editorial: Permanent fix needed for Sackler opioid deal: Congress needs to ensure that bad actors can’t get away with stashing a fortune overseas while using ...
bostonherald.com/2023/08/27/editorial-permanent-fix-needed-for-sackler-opioid-deal/
Editorial: The Supreme Court temporarily halted the corrupt Sackler deal. A permanent fix is needed.
chicagotribune.com/opinion/editorials/ct-editorial-sackler-opioids-purdue-pharma-supreme-court-20230818-lj7ax7vllnhzjhqdshu5ubkvhu-story.html
Alex Jones seeks $1.3 million salary in Infowars bankruptcy: Conspiracy theorist Alex Jones on Monday asked a judge to allow him to take a $1 ...
reuters.com/legal/alex-jones-seeks-13-million-salary-infowars-bankruptcy-2022-12-19/
The True Story Behind 'Painkiller,' From Richard Sackler to Purdue Pharma: Star-studded true crime series 'Painkiller' is a true story: Richard Sackler and the ...
marieclaire.com/culture/painkiller-true-story-netflix/
The fall and rise and fall of WeWork: Coworking's not dead — but WeWork probably is.
axios.com/2023/08/12/wework-bankruptcy-adam-neumann
U.S. tells SCOTUS Purdue bankruptcy settlement for opioid lawsuits abuses law: Purdue's bankruptcy plan would shield its Sackler family owners from opioid ...
globalnews.ca/news/9864895/purdue-pharma-bankruptcy-us-scotus-request/
Quick Glance: US Seeks Supreme Court Intervention in Purdue Pharma Bankruptcy Settlement
- The US Department of Justice has requested the Supreme Court to intervene and halt Purdue Pharma's bankruptcy settlement that provides protection to the Sackler family from lawsuits.
- An appellate court recently denied a proposed delay, allowing Purdue to proceed with the bankruptcy plan approved in May.
- Purdue's bankruptcy plan aims to shield its owners from opioid lawsuits and contribute $6 billion towards the overall bankruptcy settlement.
- Approving Purdue's bankruptcy plan would create a precedent for affluent corporations and individuals to exploit the bankruptcy system, according to the US Trustee.
Yellow Declared Bankruptcy. FedEx and 4 More Stocks That Can Win.: The trucking company said it is closing down. The freight it used to handle will have to go ...
barrons.com/articles/yellow-bankruptcy-fedex-old-dominion-truck-stocks-d8378dc
Paid articlePaid Purdue asks Supreme Court not to block opioid settlement during US appeal: Oxycontin maker Purdue Pharma on Friday asked the U.S. Supreme Court to reject the U.S ...
reuters.com/legal/purdue-asks-supreme-court-not-block-opioid-settlement-during-us-appeal-2023-08-04/
Court says OxyContin maker’s bankruptcy and protections for Sackler family members can move ahead
orlandosentinel.com/2023/07/25/court-says-oxycontin-makers-bankruptcy-and-protections-for-sackler-family-members-can-move-ahead/
Purdue asks Supreme Court not to block opioid settlement during US appeal: Oxycontin maker Purdue Pharma on Friday asked the U.S. Supreme Court to reject the U.S ...
reuters.com/legal/purdue-asks-supreme-court-not-block-opioid-settlement-during-us-appeal-2023-08-04/
US asks Supreme Court to delay Purdue Pharma bankruptcy settlement: The U.S. Department of Justice on Friday asked the U.S. Supreme Court to stop Purdue Pharma ...
reuters.com/legal/us-asks-supreme-court-delay-purdue-pharma-bankruptcy-settlement-2023-07-28/
Court says OxyContin maker's bankruptcy and protections for Sackler family can move forward
pbs.org/newshour/economy/court-says-oxycontin-makers-bankruptcy-and-protections-for-sackler-family-can-move-forward
A Sweetheart Deal for the Sacklers: Billionaires Get Immunity from Civil Lawsuits over Opioid Crisis
democracynow.org/2023/6/2/sacklers_purdue_pharma_legal_immunity
NCLT admits Go First’s plea for insolvency, puts moratorium: Go First has sought voluntary insolvency resolution proceedings and interim moratorium.
indianexpress.com/article/business/aviation/nclt-admits-go-first-insolvency-resolution-process-8601394/
Pratt & Whitney says faces higher risks after Go First filed for bankruptcy: Pratt & Whitney on Thursday opposed Go Airlines (India) Ltd's push to enforce an ...
reuters.com/business/aerospace-defense/pratt-whitney-opposes-indias-go-airlines-push-enforce-arbitration-2023-05-11/
Purdue Pharma to sell consumer business for $397 mln: Bankrupt Purdue Pharma received a U.S. judge's permission on Tuesday to sell its consumer health business ...
reuters.com/legal/purdue-pharma-sell-consumer-business-397-mln-2023-05-23/
Go First's financial crisis and its Pratt & Whitney dispute: what you need to know
reuters.com/business/aerospace-defense/go-firsts-financial-crisis-its-pratt-whitney-dispute-what-you-need-know-2023-05-12/
Factbox: The engine dispute at the heart of Go First's bankruptcy filing: Go Airlines (India) Ltd was granted bankruptcy protection on Wednesday ...
reuters.com/business/aerospace-defense/engine-dispute-heart-go-firsts-bankruptcy-filing-2023-05-10/
Pratt & Whitney's engine woes cost Go Air 47 years worth of flying time: Go Airlines was re-branded Go First ahead of a planned 36 billion rupee ($440 million) ...
business-standard.com/companies/news/pratt-whitney-s-engine-woes-cost-go-air-47-years-worth-of-flying-time-123050400156_1.html
Paid articlePaid Go First bankruptcy: Engine maker Pratt & Whitney hits back: P&W denied Go First's allegation that engine maker was not honouring an arbitration award ...
indianexpress.com/article/business/aviation/go-first-bankruptcy-engine-maker-pratt-whitney-hits-back-8588828/
Indian budget carrier Go First files for bankruptcy protection: BENGALURU -- Indian budget carrier Go First filed for insolvency protection on Tuesday ...
asia.nikkei.com/Business/Transportation/Indian-budget-carrier-Go-First-files-for-bankruptcy-protection
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