1. Insys bankruptcy plan now court approved

    Insys bankruptcy plan now court approved

    Shareholders of Insys are set to be wiped out under their newly approved Chapter 11 bankruptcy plan, and got permission to pay dimes on the dollar to all the entities that allege they were affected by the company's contribution to the opioid epidemic. 

    The plan was approved by Judge Kevin Gross in U.S. Bankruptcy Court in Wilmington, Delaware

    Creditors will recieve mere cents on the dollar, and the outlook is bleak for the company and its remaining followers. 

    Read Full Article
  1. Categories

    1. News.Law Categories:

      Big Law, Civil Plaintiff, Consumer Law, Coronavirus, Criminal Law, Drug Safety, Employment Safety, Opioids, Political and Legislative, Product safety, Securities, Special Topic, Trucking
    2. Targo:

      F-NRA, Gun Violence
  2. Topics Mentioned