Savient Pharmaceuticals, Inc., et al.,

  1. May 19, 2014

    Bankrupt Savient Wins Approval For Ch. 11 Plan

    A Delaware bankruptcy judge on Monday blessed Savient Pharmaceuticals Inc.'s Chapter 11 liquidation plan, allowing the estate of the former drug developer to distribute $120 million in sale proceeds and other remaining assets among its creditors.

  2. May 05, 2014

    IRS Says Savient's Ch. 11 Plan Is Missing Tax Payments

    Savient Pharmaceuticals Inc.'s Chapter 11 liquidation does not cover taxes owed to the federal government, the Internal Revenue Service argued on Monday.

  3. March 17, 2014

    Savient Gets Nod For Ch. 11 Disclosure Statement

    A Delaware bankruptcy judge on Monday approved Savient Pharmaceuticals Inc.'s Chapter 11 disclosure statement, allowing the drug developer to solicit votes for a liquidation plan that would see creditors divvy up proceeds from its $120 million sale.

  4. February 10, 2014

    Savient Pharma Unveils Ch. 11 Plan

    Drug developer Savient Pharmaceuticals Inc. unveiled its Chapter 11 plans in Delaware bankruptcy court Monday, calling for the liquidation of its U.S. and international assets that were not picked up by Crealta Pharmaceuticals LLC at auction.

  5. December 13, 2013

    Bankrupt Savient Gets OK For $120M Sale To Crealta

    A Delaware bankruptcy judge on Friday blessed drug developer Savient Pharmaceuticals Inc.'s sale to Crealta Pharmaceuticals LLC for $120.4 million, more than twice the price initially established by the debtor's stalking horse bidder.

  6. December 11, 2013

    Bankrupt Savient Takes $120M Bid From Pharma Co. Crealta

    Drug developer Savient Pharmaceuticals Inc. announced Tuesday it will sell the bulk of its assets to Crealta Pharmaceuticals LLC, which submitted a $120.4 million offer at the company's bankruptcy auction.

  7. November 25, 2013

    Savient's Unsecured Creditors Blast Cash-Collateral Motion

    Unsecured creditors blasted Savient Pharmaceuticals Inc.'s plan to fund its stay in Chapter 11, saying its proposed cash-collateral motion provides secured bondholders with large and unnecessary payments but brings the drugmaker little in return.

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