Endo Wins Court Permission to Solicit Votes on Restructuring Plan

null By Soma BiswasUpdated Jan. 10, 2024 5:48 pm ET|WSJ Pro Photo: Kristoffer Tripplaar/Sipa Press/Associated PressPharmaceutical company Endo International won bankruptcy court approval on Tuesday to start soliciting votes for a restructuring plan that would pay $600 million to government agencies and private institutions affected by the opioid epidemic.Judge James Garrity of the U.S. Bankruptcy Court for the Southern District of New York gave Endo the green light to start distributing its reorganization plan to opioid victims and other creditors.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Endo Wins Court Permission to Solicit Votes on Restructuring Plan

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By Soma Biswas

Updated Jan. 10, 2024 5:48 pm ET|WSJ Pro

Photo: Kristoffer Tripplaar/Sipa Press/Associated Press

Pharmaceutical company Endo International won bankruptcy court approval on Tuesday to start soliciting votes for a restructuring plan that would pay $600 million to government agencies and private institutions affected by the opioid epidemic.

Judge James Garrity of the U.S. Bankruptcy Court for the Southern District of New York gave Endo the green light to start distributing its reorganization plan to opioid victims and other creditors.