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."....

More from PacerMonitor
News
[
all
 | 
bankruptcy
 | 
civil
 | 
criminal
 | 
appellate
]
1. Original Harold's Chicken of Nevada files for Chapter 11 bankruptcy (nrn.com)
Submitted Tue 10/08/2024   Nevada 2:24-bk-15201
2. Tijuana Flats Filed for Chapter 11. So Why Are They Opening More Stores? (retailwire.com)
Submitted Thu 09/26/2024   Florida Middle 3:24-bk-01128
3. Vertex Energy files for bankruptcy, explores sales transaction (tipranks.com)
Submitted Wed 09/25/2024   Texas Southern 9:24-bk-90507
4. Oakland's Red Bay Coffee Files for Chapter 11 Bankruptcy Protection (sf.eater.com)
Submitted Tue 09/10/2024   California Northern 4:24-bk-41317
5. Big Lots files for Chapter 11 bankruptcy protection, plans to sell assets to Nexus Capital (abcnews.go.com)
Submitted Mon 09/09/2024   Delaware 1:24-bk-11967
6. Conn's files for Chapter 11 bankruptcy (retaildive.com)
Submitted Tue 08/20/2024   Texas Southern 4:24-bk-33357
7. Italian restaurant chain files for Chapter 11 bankruptcy (foxbusiness.com)
Submitted Tue 08/20/2024   Texas Northern 8:24-bk-80058
8. EPIC Companies files for Chapter 11 bankruptcy (kfyrtv.com)
Submitted Thu 07/11/2024   North Dakota 3:24-bk-30281
9. Ink! Coffee Files for Chapter 11 Bankruptcy in Colorado (dailycoffeenews.com)
Submitted Tue 06/25/2024   Colorado 1:24-bk-13445
10. Fisker files for Chapter 11 bankruptcy in Delaware (autoblog.com)
Submitted Tue 06/25/2024   Delaware 1:24-bk-11390
11. Coach USA, parent company of Megabus, files for Chapter 11 bankruptcy protection (triblive.com)
Submitted Tue 06/25/2024   Delaware 1:24-bk-11258
12. Melt Bar & Grilled files Chapter 11 bankruptcy in hopes of slashing its debts (news5cleveland.com)
Submitted Tue 06/25/2024   Ohio Northern 5:24-bk-50879
13. Rubio's Coastal Grill files for Chapter 11 bankruptcy after saying 48 California locations to close (kcra.com)
Submitted Thu 06/06/2024   Delaware 1:24-bk-11164
14. US nursing home operator LaVie files for bankruptcy to downsize, shed debts (reuters.com)
Submitted Thu 06/06/2024   Georgia Northern 1:24-bk-55507
15. New England solar installer iSun files for Chapter 11 bankruptcy (solarpowerworldonline.com)
Submitted Thu 06/06/2024   Delaware 1:24-bk-11144
16. Steward Health Care files for Chapter 11 bankruptcy (turnto10.com)
Submitted Thu 05/09/2024   Texas Southern 4:24-bk-90213
17. This teen clothing retailer with 2 locations in Lafayette has filed for bankruptcy, to close all its stores (theadvocate.com)
Submitted Thu 05/02/2024   Delaware 1:24-bk-10939
18. Oberweis Dairy files for Chapter 11 bankruptcy protection (cbsnews.com)
Submitted Tue 04/23/2024   Illinois Northern - Chicago 1:24-bk-05385
19. Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale (abcnews.go.com)
Submitted Tue 04/23/2024   Delaware 1:24-bk-10831
20. Retailer 99 Cents Only files for bankruptcy, plans to shut down (finance.yahoo.com)
Submitted Thu 04/11/2024   Delaware 1:24-bk-10719
21. Chilean telco WOM files for Chapter 11 bankruptcy (datacenterdynamics.com)
Submitted Tue 04/02/2024   Delaware 1:24-bk-10628
22. Nursing home co. Petersen files for bankruptcy after cyberattacks (reuters.com)
Submitted Tue 03/26/2024   Delaware 1:24-bk-10443
23. Crafts retailer Joann files for Chapter 11 bankruptcy as consumers cut back on pandemic-era hobbies (macombdaily.com)
Submitted Tue 03/26/2024   Delaware 1:24-bk-10418
24. 2nd generation lawn care, snow removal business files for bankruptcy (crainsgrandrapids.com)
Submitted Thu 03/21/2024   Michigan Western 1:24-bk-00677
25. BowFlex files for bankruptcy with $37.5 mln buyout offer (reuters.com)
Submitted Tue 03/05/2024   New Jersey 1:24-bk-12364
26. SuperDeluxe and Boxer File for Chapter 11 Bankruptcy (wweek.com)
Submitted Thu 02/29/2024   Oregon 3:24-bk-30324
27. Karben4 Brewing files Chapter 11 bankruptcy, will continue operating (channel3000.com)
Submitted Thu 02/29/2024   Wisconsin Western 3:24-bk-10358
28. Amazon Aggregator Thrasio Files For Bankruptcy Protection After Raising Billions From Investors (news.crunchbase.com)
Submitted Thu 02/29/2024   New Jersey 3:24-bk-11840
29. North Carolina Theatre files for Chapter 11 bankruptcy, suspends 2024 season (wral.com)
Submitted Tue 02/27/2024   North Carolina Eastern 5:24-bk-00596
30. Crypto firm Terraform Labs files for Chapter 11 bankruptcy protection (abcnews.go.com)
Submitted Tue 01/30/2024   Delaware 1:24-bk-10070

Show More