Drug/Device Maker Endo Says Bankruptcy Likely Due To Opioid Litigation

(August 10, 2022, 4:31 PM EDT) -- DUBLIN, Ireland — Drug and medical device maker and opioid defendant Endo International PLC on Aug. 9 said in a regulatory filing that as a result of not being able to settle “thousands” of opioid lawsuits, it expects that negotiations with first-lien creditors and other parties “will likely result in a pre-arranged filing under Chapter 11 of the U.S. Bankruptcy Code . . . which could occur imminently.”...

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