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“The Sacklers are not bankrupt,” Tong said.
Connecticut Attorney General William Tong said he would appeal the settlement.
"This plan is a far cry from justice," said Tong.
Although consolidated revenue for the first quarter was down significantly, fiber broadband revenues grew by $19 million.
"This milestone settlement should be approved now -- not delayed, deferred, or risked,” the Stamford drug maker said in a statement.
Among the numerous features of the new facility are a library, sports pub and lounge, movie theater, combination beauty salon and barber shop, sunroom, landscaped walking paths, outdoor terrace and gardens.
The XFL filed for Chapter 11 bankruptcy in April, listing up to $50 million in debts.
Before the COVID-19 pandemic, The Paper Store employed about 2,000 people. According to reports, as of yesterday it employed about 393 people full-time and 554 part-time across all its stores, having furloughed the remainder.
The national retailer Sur La Table, which specializes in offering kitchenware as well as cooking classes, has filed for Chapter 11 bankruptcy and plans...
The luxury apparel retailer joins such names as Neiman Marcus, J.Crew, J.C. Penney, and Chuck E. Cheese to file for bankruptcy over the past few months.
The firm has identified 248 stores that are set to be shuttered.
The chain has locations in Greenwich, New Canaan, Rye and Stamford.