Fair 56°
Tag:

U.S. Bankruptcy Court

News
NJ, NY, PA Among States Sharing Historic $4.3B Purdue Pharma Settlement NJ, NY, PA Among States Sharing Historic $4.3B Purdue Pharma Settlement
NJ, NY, PA Among States Sharing Historic $4.3B Purdue Pharma Settlement Oxycontin-maker Purdue Pharma has reached an historic $4.3 billion settlement with New Jersey, New York, Pennsylvania and a dozen other states that one attorney general said involved the “most that individuals have ever paid for breaking the law.” New Jersey expects to receive more than $110 million from the deal, state Attorney General Gurbir S. Grewal said Thursday. As part of the settlement, the Sackler family must surrender ownership of the bankrupt drug company. They also must release more than 30 million family and Purdue Pharma documents that outline their roles in an opioid epidemi…

SHARE

by Jerry DeMarco
News
WATCH: Paul McCartney Rocks Jersey City Waterfront Restaurant WATCH: Paul McCartney Rocks Jersey City Waterfront Restaurant
Watch: Paul McCartney Rocks Jersey City Waterfront Restaurant Sir Paul McCartney had a packed house singing and dancing -- and recording -- at an invitation-only party on the Hudson River waterfront over the weekend. Wife Nancy Shevell, an Edison native, joined the gum-chewing, 77-year-old musical legend as he removed his jacket and launched the band into the Beatles' "I Saw Her Standing There" at the Hudson House in Jersey City Saturday night. The event was reportedly a farewell party for Shevell's family's Elizabeth-based New England Motor Freight company, which filed for Chapter 11 in U.S. Bankruptcy Court in Newark earlier this year. McCartney an…

SHARE

by Cecilia Levine