Latest from PacerMonitor
Tue 8/15/2023 -- by Juliette Fairley
A Danish pharmaceutical company is the only business in the U.S. with Food and Drug Administration (FDA) approval to market semaglutide drugs, but that hasn't stopped certain healthcare providers from allegedly selling counterfeit versions. Novo Nordisk filed five federal lawsuits in New York, Texas, Tennessee and Florida complaining that compounding pharmacies, med spas and diet clinics illegally sold unapproved versions of their popular weight loss and Type 2 diabetes drugs to their customers. Wegovy and Ozempic both have semaglutide as an ingredient. "At higher amounts, it increases your sense of satiation so you feel full, and once you feel full, you're not eating, and therefore that could lead to weight loss," said Reuben Saba, vice president of medical and business affairs at Medicure.....
Thu 7/20/2023 -- by Juliette Fairley
A popular credit repair company filed for chapter 11 bankruptcy after losing litigation lodged by the federal Consumer Financial Protection Bureau (CFPB) over its business model. The voluntary petition was submitted June 4 under PGX Holdings in the U.S. Bankruptcy Court for the District of Delaware with up to $500 million in listed assets, up to $10 billion in liabilities and more than 100,000 creditors. "Like most major companies that file chapter 11, they will find ways to continue doing business, and hopefully in a more ethical manner," said Derek Jacques, a bankruptcy attorney with The Mitten Law Firm in Michigan. "I found the whole case interesting as I think there are a lot of bad actors in the debt repair space, and these were the biggest among them."....

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6601. Fourth Circuit Holds that Chapter 7 Trustees are Entitled to Commission-Based Payments in the Absence of Extraordinary Circumstances (business-finance-restructuring.weil.com)
Submitted Fri 06/06/2014   Fourth Circuit 0:13-bk.dc-01270 Virginia Eastern 1:12-cv-01073
6602. Rakoff Citi case shows that courts, the SEC and big banks all like settlements. (online.wsj.com)
Submitted Fri 06/06/2014   New York Southern 1:11-cv-07387
6603. Business founded by "American Sniper" filed for bankruptcy ahead of an upcoming biographical film. - Bankruptcy Beat - WSJ (blogs.wsj.com)
Submitted Thu 06/05/2014   Texas Northern 3:14-bk-32605
6604. Sailing Capital and Sanpower teamed up to win Brookstone at auction, beating Spencer's. - Bankruptcy Beat - WSJ (blogs.wsj.com)
Submitted Thu 06/05/2014   Delaware 1:14-bk-10752
6605. Gov tries to seal bankruptcy deal with Detroit retirees (detroitnews.com)
Submitted Thu 06/05/2014   Michigan Eastern 2:13-bk-53846
6606. Stockton Seeks to End Bankruptcy After 2 Years of Talks (bloomberg.com)
Submitted Thu 06/05/2014   California Eastern 2:12-bk-32118
6607. Milwaukee's YMCA says it camps and other programs will stay open during its restructuring. - Bankruptcy Beat - WSJ (blogs.wsj.com)
Submitted Thu 06/05/2014   Wisconsin Eastern 2:14-bk-27174
6608. What a Long, Strange ?Tripp? It?s Been: Eastern District of Virginia Upholds Sealing Report Under Section 107 (business-finance-restructuring.weil.com)
Submitted Thu 06/05/2014   Virginia Eastern 2:13-cv-00446
6609. Bankruptcy judge impatient in Deer Meadows case (philly.com)
Submitted Thu 06/05/2014   Pennsylvania Eastern 2:14-bk-13305
6610. Energy Future wins final approval of $4.475 billion loan amid bankruptcy (online.wsj.com)
Submitted Thu 06/05/2014   Delaware 1:14-bk-10979
6611. Advisers in the Dreier bankruptcy case are asking for $18 million. - Bankruptcy Beat - WSJ (blogs.wsj.com)
Submitted Thu 06/05/2014   New York Southern 1:08-bk-15051
6612. Craft International files for bankruptcy amid ownership dispute - Dallas Business Journal (bizjournals.com)
Submitted Thu 06/05/2014   Texas Northern 3:14-bk-32605
6613. Federal appeals court says judge erred in blocking SEC, Citigroup settlement. (online.wsj.com)
Submitted Thu 06/05/2014   New York Southern 1:11-cv-07387
6614. UCLA's Anderson business school found to be 'inhospitable' to female faculty (online.wsj.com)
Submitted Thu 06/05/2014   Connecticut 3:13-cv-01890
6615. Los Angeles Clippers owner Donald Sterling to sell team to Steve Ballmer, drop lawsuit (online.wsj.com)
Submitted Thu 06/05/2014   California Central 2:14-cv-04192
6616. Why Second Circuit's Citi Ruling Is So Depressing (litigationdaily.com)
Submitted Wed 06/04/2014   New York Southern 1:11-cv-07387
6617. SEC Charges Albany, N.Y.-Based Investment Adviser With Defrauding Clients (sec.gov)
Submitted Wed 06/04/2014   New York Southern 7:14-cv-03974
6618. SEC says ex-Marine bilked vets in Chicago hedge fund fraud (reuters.com)
Submitted Wed 06/04/2014   Illinois Northern 1:14-cv-00309 Illinois Northern 1:13-cv-05586
6619. Wave Goodbye to Bankruptcy Waivers? (Court Rules LLC?s Prepetition Waiver of Bankruptcy Protection Contrary to Public Policy) (business-finance-restructuring.weil.com)
Submitted Mon 06/02/2014   Oregon 3:14-bk-30394
6620. To Assume or Not to Assume, that Is the Question: What Act Constitutes ?Assumption? Under Section 365(d)(4) of the Bankruptcy Code? (business-finance-restructuring.weil.com)
Submitted Mon 06/02/2014   Delaware 1:11-bk-13511
6621. Successful Bidder Must Pay Damages (In Addition to Forfeiting Deposit) After Backing Out of Sale ? At Least in Certain Circumstances (business-finance-restructuring.weil.com)
Submitted Mon 06/02/2014   New York Southern 1:10-bk-15519
6622. Jacoby & Meyers Bankruptcy liquidation stays alive -U.S. judge (reuters.com)
Submitted Wed 05/28/2014   New York Southern 1:14-bk-10641
6623. Bankruptcy Disclosure Plan Accepted by the Courts, RTXBQ to Emerge From Chapter 11 in a Favorable Plan (marketwatch.com)
Submitted Wed 05/28/2014   Texas Northern 3:13-bk-36434
6624. Bankruptcy judge rejects complaints over potential Mt. Gox deal (online.wsj.com)
Submitted Wed 05/28/2014   Texas Northern 3:14-bk-31229
6625. TelexFree Bankruptcy Info (mab.uscourts.gov)
Submitted Wed 05/28/2014   Massachusetts 4:14-bk-40987
6626. TelexFree Reaching Out to Investors, Creditors (blogs.wsj.com)
Submitted Wed 05/28/2014   Nevada 2:14-bk-12524 Massachusetts 4:14-bk-40987
6627. Crushing Blow for Copyright Trolls: Appeals Court Halts AF Holdings' Extortion Scheme (eff.org)
Submitted Tue 05/27/2014   D.C. Circuit 0:12-cvpri-07135
6628. Rising U.S. beef prices are helping to revive 'pink slime,' a product that almost disappeared two years ago. (online.wsj.com)
Submitted Sat 05/24/2014   South Dakota 4:12-cv-04183
6629. Zenimax officially sues Oculus over virtual reality tech (gamasutra.com)
Submitted Wed 05/21/2014   Texas Northern 3:14-cv-01849
6630. Oculus VR Sued Over Virtual-Reality Technology Trade Secrets (2) (businessweek.com)
Submitted Wed 05/21/2014   Texas Northern 3:14-cv-01849

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