An Appeals Court Gave the Sacklers Legal Immunity. Here’s What the Ruling Means.
Posted inBankruptcies Decisions and Verdicts Drugs (Pharmaceuticals) Office of the United States Trustee Opioids and Opiates OxyContin (Drug) Pain-Relieving Drugs Purdue Pharma Sackler Family States (US) Suits and Litigation (Civil) U.S. Court of Appeals for the Second Circuit United States

An Appeals Court Gave the Sacklers Legal Immunity. Here’s What the Ruling Means.

In return for the shield, the billionaire owners of Purdue Pharma are committed to paying up to $6 billion to help compensate communities and individuals for the ravages of the opioid epidemic.
Mountain of FTX Evidence: Emails, Chat Logs, Code and a Notebook
Posted inBankman-Fried, Sam Bankruptcies Computers and the Internet E-Mail Ellison, Caroline (1994- ) HK FTX Trading Ltd (Futures Exchange) Kaplan, Lewis A Laptop Computers Salame, Ryan Search and Seizure Virtual Currency

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.
Corporate Bankruptcies Are Set to Reach a Decade-Long High
Posted inAntitrust Laws and Competition Issues Balwani, Ramesh Bank of America Corporation Bankruptcies Bed Bath & Beyond Inc David's Bridal Inc Deutsche Bank AG Epstein, Jeffrey E (1953- ) Federal Deposit Insurance Corp Garcia, Sergio Golf Google Inc Group of Seven Holmes, Elizabeth (1984- ) internal-storyline-no Justice Department LeCun, Yann LIV Golf Mickelson, Phil Microsoft Corp Murdoch, Rupert OpenAI Labs PGA Tour Inc Private Equity Professional Golfers Assn Silicon Valley Bank Silver Lake Partners Software AG Theranos Inc TikTok (ByteDance) Vice Media Inc World Meteorological Organization

Corporate Bankruptcies Are Set to Reach a Decade-Long High

New data shows that 2023 is shaping up to be the biggest year for Chapter 11 filings in more than a decade.