Tag Archives: bankruptcy

Canada’s provinces have filed opioid-related claims totalling $67.4-billion in U.S. court

Jayne Turner holds a photo of her husband, Robert John Turner, in Grand Manan, N.B. on Oct. 9, 2019. VIKTOR PIVOVAROV/THE GLOBE AND MAIL https://www.theglobeandmail.com/canada/article-canadas-provinces-have-filed-opioid-related-claims-totalling-67/

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OxyContin maker Purdue pleads guilty to charges related to opioid crisis

Company admits it impeded efforts to combat the deadly crisis The Associated Press OxyContin Maker Purdue Pharma has formally admitted its role in the opioid epidemic that has contributed to hundreds of thousands of deaths over the past two decades. … Continue reading

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Provinces pursue OxyContin maker for $67B US in costs associated with Canada’s opioid crisis | CBC News

‘Staggering’ claims against Purdue Pharma filed in U.S. bankruptcy court OxyContin was introduced as a pain medication about two decades ago, marking what addiction experts recognize as the beginning of the opioid crisis. (Toby Talbot/The Associated Press) (Toby Talbot/The Associated … Continue reading

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Alberta and Canada ignores the ticking time-bomb of orphaned oil and gas wells at its own peril

Eamon Mac Mahon, ASSOCIATED PRESS Syncrude upgrader facilities on the Athabasca river near Fort McMurray Alberta Dec 9 2019 – Globe and Mail, The Narwhal and Concerned Citizen — These are some of the major issues that make it hard … Continue reading

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Tour company Thomas Cook collapses, 150,000 people stranded

People walk past a closed Thomas Cook travel shop in London, Monday, Sept. 23, 2019. (AP Photo/Frank Augstein) Thomas Cook has ceased trading, its four airlines will be grounded, and its 21,000 employees in 16 countries, including 9,000 in the … Continue reading

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Canadian Government proposing replacing the National Energy Board Regulator via Bill-C69 and appointing board members and high paid CEO

March 30 2019 – Various news sources plus commentary Here is an update on the status of Bill-C69, a collection of news articles, details of the appointments and some commentary. This bill passed in the house with Liberal majority and … Continue reading

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Three tobacco corporations guilty of concealing risks of smoking ordered to pay over $13.5 Billion in damages and granted creditor protection

Imperial Tobacco spokesman Eric Gagnon speaks to reporters on March 1, 2019. RYAN REMIORZ/THE CANADIAN PRESS — “Earlier this month, the Quebec Court of Appeal upheld a 2015 ruling in a lower court that found the tobacco companies (Imperial Tobacco, … Continue reading

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California utility’s bankruptcy filing is a warning about hidden climate-change financial risk

https://www.theglobeandmail.com/business/commentary/article-california-utilitys-bankruptcy-filing-is-a-warning-about-hidden/

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