bankruptcy court News

Illinois Supreme: Medical Providers May Not Attach Injured Workers’ Awards in Bankruptcy Court

Medical providers cannot use bankruptcy court to collect unpaid bills owed by bankrupt injured workers, the Illinois Supreme Court ruled in a decision published Thursday. A three-judge panel of the high court, answering a certified question by the 7th Circuit …

U.S. Pursues Nearly $13 Billion of Claims in Purdue Pharma Opioid Probes-Sources

U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering evidence of criminal and civil misconduct stemming from the company’s alleged role in fueling the nation’s opioid crisis, people familiar …

GM Takes Recall Fight to Familiar Turf in Bankruptcy Court

General Motors Co. is bringing its fight against owners of recalled cars to its former turf: the Manhattan bankruptcy court where the U.S. government financed the automaker’s turnaround five years ago. GM is facing 59 lawsuits by car owners demanding …