Tag: Bankruptcies

Opioid Victims Have a Settlement. Will the Supreme Court Undo It?

The justices will decide whether the multibillion-dollar compensation deal struck by Purdue Pharma and the Sackler family is legal.

What to Know About the Purdue Pharma Case Before the Supreme Court

A federal appeals court had signed off on a deal that would shield members of the wealthy Sackler family from lawsuits in exchange for billions for those harmed by the opioid epidemic.

At Core of Purdue Pharma Case: Who Can Get Immunity in Settlements?

A broad ruling by the Supreme Court could mean the end of a strategy for resolving claims of mass injury in bankruptcy court in which organizations receive expansive legal protections.

Bidder Aims to Save Bankrupt Trucking Firm Yellow

The plan would put Yellow back on the road with thousands of unionized drivers, but would force the government to wait longer for a loan repayment.

WeWork’s Bankruptcy Tests Claims of a Co-Working Revolution

The business of offering offices on flexible, short leases will survive the company’s troubles, but commercial real estate experts say it will probably remain a niche.