Teligent OK'd For Fast-Tracked Del. Ch. 11 Disclosure Hearing
By Jeff Montgomery ( April 11, 2022, 8:11 PM EDT) -- Remnants of bankrupt generic pharmaceutical maker Teligent Inc. secured approval Monday for fast-tracked consideration of a liquidating Chapter 11 plan disclosure statement, after reporting that a $3 million settlement with a second lien creditor will support a better outcome for general unsecured creditors than Chapter 7....
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