The decision gives the Purdue Pharma owners long-sought protection, but it will release billions of dollars from their fortune to states and communities to help cope with the costs of addiction.
Tag: Bankruptcies
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Mountain of FTX Evidence: Emails, Chat Logs, Code and a Notebook
Prosecutors investigating Sam Bankman-Fried, the cryptocurrency exchange’s founder, have accumulated more than six million pages of documents and other records.
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The Scramble to Take Over What Bed Bath & Beyond Left Behind
Couples are racing to find new wedding registries while suppliers seek other customers and competing retailers pledge to accept that big blue coupon.
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Vice Media Files for Bankruptcy
Vice, which had wooed media giants, has struggled to adjust to the punishing realities of digital publishing. A group of creditors could buy Vice for $225 million.
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Sam Bankman-Fried, in First Detailed Defense, Seeks to Dismiss Charges
The FTX founder, who has been charged with fraud, said the crypto exchange and its law firm had been acting against him and offering only the most incriminating evidence to prosecutors.