John Bacon USA TODAY Published 10:31 AM EDT Sep 16, 2019 Pharmaceutical giant Purdue Pharma is framing its bankruptcy filing as an opportunity to cut red tape and provide billions in settlement cash to curb the opioid crisis it's accused of facilitating. But the OxyContin maker's legal issues are far from over. Purdue Pharma filed for bankruptcy in White Plains, New York, late Sunday night, days after announcing a tentative deal to settle claims with about half the states and more than 1,000 local governments. The deal could be worth up to $12 billion over time; about $3 billion will come from the Sackler family, owners of the privately held drugmaker. The bankruptcy came as no surprise and was considered part of the settlement's complex structure. "This settlement framework avoids wasting hundreds of millions of dollars and years on protracted litigation and instead will provide billions of dollars and critical resources to communities across the … [Read more...] about Purdue Pharma files for bankruptcy. Here’s what it means
What does structured settlement mean
This article outlines the negotiations between the European Union (EU) and the United Kingdom (UK) that led to the Brexit withdrawal agreement. Negotiation policy "We recognise how important it is to provide business, the public sector and the public with as much certainty as possible. So ahead of, and throughout the negotiations, we will provide certainty wherever we can. We will provide as much information as we can without undermining the national interest." "The United Kingdom's exit from and new partnership with the European Union" (PDF). UK Government. February 2017. p. 9. Some effects of the UK withdrawal could emerge before the UK and the EU27 conclude the Article 50 negotiation, as a result of policies existing when the negotiation begins, or some change of policy later. At the outset policy provisions binding on the EU include principles, aspirations and objectives set out in the TEU (Treaty on European Union) Preamble and Articles, of which Article 3 … [Read more...] about Negotiations leading to the Brexit withdrawal agreement
DEFECTS IN NEW BUILDINGS – ESPECIALLY COMMON DURING THE LAST BOOM – CAN LEAVE OWNERS IN HUGE DEBT, WITH LITTLE LEGAL RECOURSE. AND THEY DIDN’T STOP WHEN THE CELTIC TIGER DIED, AN IRISH TIMES INVESTIGATION REVEALS John Gormley and his wife had been living in their newly built Kildare home for just over a year when parts of it came crashing down around them. “It was a Sunday morning and my wife was heading off to work, around 10am, I gave her a kiss at the door and waved her off,” says Gormley (not to be confused with the former Green Party leader of the same name). “I had barely sat down and wallop – a big shudder in the house. I opened the door and the canopy was right at the door, it just dropped.” The houses at Oak Grove, in Derrinturn, Co Kildare, were built in 2017 by Town and Country Builders Ltd, a company managed by Alan Byrne. Photographs taken just after the incident, which happened in June 2018, show the large canopy structure … [Read more...] about Ireland’s defective buildings: Not just a Celtic Tiger problem
Parliaments Mark D'Arcy Parliamentary correspondent 30 August 2019 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.com/news/uk-politics-parliaments-49527183?intlink_from_url=&link_location=live-reporting-correspondent Read more about sharing. These are external links and will open in a new window Close share panel Related … [Read more...] about A week of many moving parts?
Video The Port of Felixstowe is one of the key economic resources in Suffolk, which is why the A14 needs improvements to serve it. Picture: SARAH LUCY BROWN Archant A plea has been made to the new prime minister for better investment in Suffolk, as industry chiefs come together to outline the county's priorities. Boris Johnson addressed Conservatives in Suffolk earlier this month. Picture: PAUL GEATERLeaders in education, health, business and policing are among those to have shared their case for fairer funding in the county, following the confirmation that Boris Johnson is the new PM and Conservative party leader.The county has been snubbed for central government funding in key problem areas in recent months - including high street regeneration, knife crime and vital highways investment.We assess the priorities Mr Johnson's new administration needs to address for Suffolk to thrive.Tight police budgets have forced a cutback in the number of PCSOs on the streets. Picture: … [Read more...] about Suffolk outlines what Boris Johnson can do for the county