Judge Strips PG&E of Exclusive Control Over Recovery Plan October 10, 2019 By Steven Church and Mark Chediak California power giant PG&E Corp. was stripped of its right to exclusively pitch a reorganization plan in court, escalating an...
Cost of Opioid Crisis ‘Dwarfs’ Drugmakers’ Resources, N.Y. Says October 8, 2019 By Erik Larson The public cost of coping with the opioid crisis in the U.S. “dwarfs” the combined resources of the companies sued...
Purdue, Sacklers Seek to Use Bankruptcy as Shield From Suits October 4, 2019 By Erik Larson and Steven Church The first big fight in Purdue Pharma LP’s bankruptcy case is taking shape as states and cities across the U.S....
PG&E Attacks Rival Plan for Paying Fire Victims Before Insurers September 23, 2019 By Steven Church PG&E Corp. and a group of insurers urged a judge to reject a competing reorganization plan for the bankrupt utility...
U.K. Launches Massive Tourist Airlift After Thomas Cook Collapse September 23, 2019 By Richard Weiss, Luca Casiraghi and James Ludden The U.K. government deployed the “largest repatriation in peacetime history” to bring home more than 150,000 tourists stranded on overseas...
Purdue Opioid Deal May Be Worth Less Than Drugmaker Promised September 20, 2019 By Erik Larson and Jef Feeley Purdue Pharma LP’s deal to escape thousands of lawsuits over its role in the U.S. opioid crisis may provide less...
Viewpoint: Will Purdue’s Bankruptcy Engulf Its Owners? September 18, 2019 By Tyler Cowen The bankruptcy of Purdue Pharma LP lays bare a distinction that the internet is making it more and more difficult...
Purdue’s Bankruptcy Deal Has Holes the Size of 24 States September 17, 2019 By Steven Church and Jeremy Hill If Purdue Pharma LP wants its bankruptcy plan to work, it’ll have to find a way to halt the kind...
OxyContin Maker Purdue Pharma Files for Bankruptcy to Wipe Out 2,000 Lawsuits September 16, 2019 By Jef Feeley and Steven Church Purdue Pharma LP filed for bankruptcy with a more than $10 billion plan to settle claims that it fueled the...
PG&E Settles Wildfire Claims with Insurers for $11 Billion September 16, 2019 By Arundhati Sarkar PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related...