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Judge freezes assets of owners of meningitis-linked pharmacy

Started by riky, January 29, 2013, 09:00:17 AM

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riky

Judge freezes assets of owners of meningitis-linked pharmacy

BOSTON (Reuters) - A bankruptcy judge on Monday froze the assets of the owners of the pharmacy linked to a deadly U.S. meningitis outbreak. Orders signed by U.S. Bankruptcy Judge Henry Boroff temporarily restrict the owners of New England Compounding Center (NECC) from selling their luxury homes or spending up to $21 million they received last year in salary and shareholder distributions. NECC filed for bankruptcy protection in December after U.S. ...

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