As part of the bankruptcy plan, over 95% of the company's ownership will be handed over to its lender group, which includes investment firms Oaktree Capital ...
FILE PHOTO: Signage is seen at the United States Bankruptcy Court for the Southern District of New York in Manhattan, New York City - Bankrupt drugmaker Endo International said on Tuesday a U.S. Bankruptcy Court has approved its restructuring plan and related opioid settlements to emerge from bankruptcy, which began in 2022.
The company has, as part of the bankruptcy restructuring, agreed to pay about $600 million in settlements to states and people afflicted by the opioid crisis and to stop promoting opioids to prescribers. The U.S. opioid epidemic has caused more than a half million overdose deaths over more than two decades, with fentanyl and synthetic versions a major culprit in recent years, according to government data.
Saving $1 million for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.Statistics Canada says contributors to the deceleration included an easing of grocery prices, and the cost of cellular services and internet access services.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bankrupt Drugmaker Endo Wins Approval on Opioid Settlements, RestructuringBankrupt drugmaker Endo International won court approval on a Chapter 11 exit plan that cuts debt, settles government claims and resolves thousands of lawsuits accusing the company of helping fuel the US opioid epidemic.
Read more »
Survey finds 95% of Canadian business leaders worried about AI-related fraudThe overwhelming majority of Canadian business leaders say they are concerned about the risks associated with AI-generated deepfake scams, according to a new survey.
Read more »
Byron Janis, renowned American classical pianist who overcame debilitating arthritis, dies at 95Byron Janis, a renowned American concert pianist and composer who broke barriers as a Cold War era culture ambassador and later overcame severe arthritis that nearly robbed him of his playing abilities, has died. He was 95.
Read more »
Shiba Inu and Dogecoin drop 20%, creating whale waves for 1000x exchange presale 95% stage 4 completedThe recent 20% market drop of both Shiba Inu (SHIB) and Dogecoin (DOGE) has rattled the cryptocurrency world, spotlighting the inherent...
Read more »
Florida reaches SEC final after rallying past Texas A&MDenzel Aberdeen scored a career-high 20 points in helping Florida rally from an 18-point deficit and beat Texas A&M 95-90 at the Southeastern Conference Tournament semifinals on Saturday.
Read more »
CFL Hall of Fame head coach Dave Ritchie passes away at age 85Ritchie, of New Bedford, Mass., spent 11 of his 22 CFL seasons as a head coach with B.C. (1993-95), Montreal (1997-98) and Winnipeg.
Read more »