Pardu Pharma asks the bank to accept the new settlement plan
Pardu Pharma OPW has filed a new bankruptcy plan as part of a $ 7.4 billion dollar settlement to resolve thousands of cases in the company’s complained role in the company’s charges, months after the Supreme Court blockade a few months after the blockade.
The bankruptcy agency on Tuesday announced that they planned 11 chapters in the US bankia court for the southern district of New York.
In June last year, the Supreme Court blocked a settlement agreement and discovered that the Sacler family who had previously controlled the Partu Pharma could not be relieved of liability under the Federal Act despite the billion billion contribution to this settlement.
“After following the verdict of the Supreme Court of 2021, we have doubled our promise to create a new plan with our Credit Donitors, which provides the unprecedented price of the victims by the OPW crisis.
Miller also added, “We and our Creditists have worked tirelessly in the middle of the Sens and discussing a compromise that will increase the total price paid to the affected and community, keep billions of dollars to work for a few days and serve the public’s well -being.” “I sincerely thank our stakeholders for their sacrifice and cooperation, and I am hoping to confirm the plan as soon as possible and consume.”
In January, Pardu Pharma and Saclers in principle agreed to provide $ 7.4 billion settlements for a large number of cases of litigation, extending this settlement by an additional $ 1.4 billion. Tuesday’s court filing extends to this plan.
Pardu Pharma argued that the reconstruction could be successful, he wrote, “Reorganization of Torships is clearly in the public interest and balanced the loss of damage. The proposed plan of Torships will spend billions of dollars to recover the public OPW abetment and credit.”
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