Tag Archives: Bankruptcy

The Third Circuit Appeals Court Names John Melaragno to Replace Retiring Judge for the Erie Division of U.S. Bankruptcy Court for the Western District of Pennsylvania

Erie, Pennsylvania – Attorney John C. Melaragno has been named the new judge for the Erie Division of U.S. Bankruptcy Court for the Western District of Pennsylvania. Melaragno succeeds Thomas P. Agresti, who retired in February of 2023 after 19 years as the federal bankruptcy judge for Erie. Melaragno, after graduating from the Case Western … Continue reading The Third Circuit Appeals Court Names John Melaragno to Replace Retiring Judge for the Erie Division of U.S. Bankruptcy Court for the Western District of Pennsylvania

Court Rules Johnson & Johnson Can't Dodge Cancer Claims by Filing Bankruptcy

Johnson & Johnson has been a literal household name for decades, filling our cabinets with consumer goods, from medicines to soaps. For many of us, it’s even more nostalgic, as the pharmaceutical giant has long been a leading maker of toiletries for infants. You may remember, in particular, J&J’s iconic baby powder—and you may have … Continue reading Court Rules Johnson & Johnson Can't Dodge Cancer Claims by Filing Bankruptcy

Vegas' Lehner files for bankruptcy; $50M debt

Vegas Golden Knights goaltender Robin Lehner and his wife have filed for bankruptcy in Nevada, citing up to $50 million in debts to dozens of creditors. The post Vegas' Lehner files for bankruptcy; $50M debt appeared first on Buy It At A Bargain – Deals And Reviews.

Prevent The Problem Of Student Loan Bankruptcy

Prevent The Problem Of Student Loan Bankruptcy University is intended to be an amazing time for young people, however is can likewise be an extremely difficult time as well for lots of factors. Obviously there are social and also scholastic stress, yet a vital part of going to university is having the ability to spend … Continue reading Prevent The Problem Of Student Loan Bankruptcy

A Guide To Chapter 7 Bankruptcy

A Guide To Chapter 7 Bankruptcy Personal bankruptcy is a legitimately stated failure of services or people to release their financial debts. A proclaimed state of insolvency can be asked for not just by financial institutions in an initiative to obtain what they are owed yet additionally by the financially troubled person or company. Stating … Continue reading A Guide To Chapter 7 Bankruptcy

Billion-Dollar Opioid Bankruptcy: Purdue Pharma Files for Chapter 11 as Part of Settlement

Purdue Pharma, which made $3 billion in 2017 alone selling drugs that include the opioid Oxycontin, will declare bankruptcy as part of a potential settlement covering hundreds of lawsuits against the company. The announcement also comes amid allegations that the Sackler family — who own Purdue — used Swiss bank accounts to transfer $1 billion … Continue reading Billion-Dollar Opioid Bankruptcy: Purdue Pharma Files for Chapter 11 as Part of Settlement

Opioid Manufacturer Insys Declares Bankruptcy After Legal Trouble

In 2014, Forbes made "The Short Case for Insys Therapeutics," conceding that the company’s sales performance compensation system was "a fairly dangerous way to market" its opioid products, but asserting that there would only be danger if "medical sales of this drug are leaking into the recreational market" and that "[p]harmaceutically pure opiates don’t cause … Continue reading Opioid Manufacturer Insys Declares Bankruptcy After Legal Trouble