Tuesday, January 29, 2013
Judge lets creditors of company linked to meningitis attach insiders' assets
A bankruptcy judge has granted creditors' motions to attach $21.1 million in assets of four insiders of New England Compounding Center, which has been linked to a deadly fungal meningitis outbreak. One temporary restraining order bars the four from depleting their assets, except for "ordinary living or legal-representation expenses," and another order forbids related companies from making payments to them.
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