A federal appeals court in New York reinstated a bankruptcy settlement that resolves opioid-related lawsuits against Purdue Pharma’s Sackler family owners for up to $6 billion and clears the way to end the OxyContin maker’s chapter 11 case. Tuesday’s decision by the Second U.S. Circuit Court of Appeals in New York means the Sacklers’ settlement … [Read more…]
Crypto lender has reached a deal to be managed by a group of investors led by TechCrunch founder Michael Arrington May 25, 2023 8:03 am ET | WSJ Pro Celsius Network, the bankrupt cryptocurrency lender, has reached an agreement to be managed by Fahrenheit LLC, a group of investors led by TechCrunch founder Michael Arrington. … [Read more…]
Published: May 19, 2023 at 2:46 a.m. ET By Anthony O. Goriainoff Unbound Group said Friday that the board continued to seek additional funding to complete the company’s restructuring, and that it was mulling a full sale of the company, among other options. The parent company of a group selling brands for the over-55 age … [Read more…]