Recent News About U.S. Bankruptcy Court for the Southern District of New York
WHITE PLAINS, N.Y. (Legal Newsline) - Purdue Pharma’s already contentious bankruptcy will face a pair of big tests later this week as the OxyContin manufacturer appears in hearings over issues including paying its employees and halting more than 2,600 lawsuits against the company and members of the controlling Sackler family.
With judge's approval, insurers are looking for double-dipping in case they're forced to pay for asbestos claims
NEW YORK (Legal Newsline) – Insurers looking for evidence of double-dipping in the asbestos recovery system won a legal battle earlier this month when a federal bankruptcy judge refused to strike the subpoenas they issued to the body that processes asbestos personal injury claims.
According to its four complaints, General Motors LLC has been making weekly payments of death benefits. The company contends it should have been informed that its former employee’s widow also has been receiving payments from the trusts.