Purdue Pharma urged a New York bankruptcy judge Monday to add an ad hoc creditor group's more than $10.9 million in fees and expenses to the over $1.2 billion already paid to professionals on all sides of the company's massive Chapter 11 case.
A New Jersey judge gave the all-clear for the sale of dozens of summer camps, cryptocurrency kiosk operator Bitcoin Depot scored confirmation of its Chapter 11 plan, and Sidley Austin LLP was approved to represent nursing home company Genesis Healthcare in two adversary suits. This is the week in bankruptcy.
Restaurant chain Salad and Go filed for bankruptcy protection in Texas this month with plans to close down and use proceeds from the sale of its assets, including leases to drive-thru locations, to repay creditors. Tossing up the Chapter 11 case is a team of Reed Smith attorneys.