Bankruptcy Judge Grants K-V Pharma Most 1st-Day Motions

Law360, New York (August 7, 2012, 12:21 PM EDT) -- A New York bankruptcy judge approved nearly all K-V Pharmaceutical Co.'s first-day motions Tuesday, with an order on cash management to come once the debtor provides additional information to Hologic Inc., with which it's disputing a deal over rights to K-V's main product that helps prevent preterm births.

Among the motions U.S. Bankruptcy Judge Allan L. Gropper approved were a motion for joint administration of the Chapter 11 cases of K-V and seven subsidiaries, an employee wage motion, a common carrier warehouse provider motion, a sales...
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