Boston Scientific Corp.’s Vessix hypertension treatment significantly lowered blood pressure levels in patients with a hard-to-treat form of the condition that doesn’t respond well to drug therapy, a study found.
Secured lenders to Thompson Publishing Holding Co. won’t be able to control the auction for the publisher of newsletters and loose-leaf services, as the result of rulings by U.S. Bankruptcy Judge Peter Walsh at a hearing this week.
Trade Secret Inc. , a 612-store beauty-supply retailer based in Markham, Canada, filed a Chapter 11 petition yesterday in Delaware along with a term sheet to sell the business to former owner Regis Corp. and an entity controlled by the family that bought the company from Regis in January 2009.
The examiner for newspaper publisher Tribune Co. filed his heavily redacted report yesterday evening and concluded it was “highly likely” that the completion of the leveraged buyout in December 2007 made the parent company “insolvent” and “reasonably likely” the subsidiaries were rendered insolvent.
Creditors with $15.5 billion in claims against Lehman Brothers Holdings Inc. fired the opening salvo in a possibly protracted courtroom battle over how billions of dollars generated in the Lehman liquidation should be distributed to creditors.