Tag: Bankruptcy

How to Declare Email Bankruptcy

I’ve been adhering to a zero-inbox policy for years, a practice born out of necessity while working in a company with limited email space. This approach demanded ruthless efficiency in minimizing my storage footprint. What this means is that my inbox contains only items needing my immediate...

Rite Aid Opioid Bankruptcy Contested by DOJ

According to Law360, the DOJ argued before the U.S. Bankruptcy Court for The District of New Jersey that it should receive 180 days to file claims against the estate of Rite Aid. The DOJ’s claim puts it at odds with other debtors as well as Rite Aid itself who claim that the six months the Dep...

Rite Aid Seeks Financial Aid in Opioid Bankruptcy Proceeding

Rite Aid has received permission to access some of its $3.45 billion financial assistance as it proceeds through Chapter 11 bankruptcy. The retail giant lists many reasons for filing, but specifically cites lawsuits associated with the company’s alleged role in the opioid epidemic. According t...

DOJ Moves to Stop Opioid Bankruptcy Settlement

The U.S. Department of Justice (DOJ) has appealed to the U.S. Supreme Court to stop the bankruptcy settlement of Purdue Pharmaceuticals and its former owners, the Sackler family. The DOJ argues that the settlement unfairly protects the Sackler family from lawsuits seeking to assign liability. Aft...