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Insurers Call Rite Aid Ch. 11 Opioid Deal Unfair

By Rick Archer ( June 27, 2024, 9:46 PM EDT) -- Counsel for bankrupt drugstore chain Rite Aid told a New Jersey bankruptcy judge Thursday that it hopes to reach an agreement with at least some of its insurers on payments into an opioid settlement fund before closing arguments in its Chapter 11 plan confirmation Friday....

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