The order by a bankruptcy court judge forbids the owners of the New England Compounding Center in Framingham, linked to a deadly meningitis outbreak, from spending or moving any of their assets.
A bankruptcy court judge on Friday froze the assets of the four owners of New England Compounding Center. The Framingham specialty pharmacy has been linked to the deadly meningitis outbreak that killed 44 and infected more than 600 individuals nationwide. NECC filed for bankruptcy protection just before Christmas. The order Friday by Judge Henry Boroff at a hearing in Springfield forbids the owners of the New England Compounding Center from spending or moving any of their assets, except to pay living expenses or legal bills, reported the Associated Press. The written order from the judge is expected to be released Monday. The order, which came in response to a motion by a creditors committee, applies to owners Barry Cadden, his wife Lisa …
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U.S. District Judge Dennis Saylor has ordered an expedited hearing to determine whether to freeze at least $461 million in assets belonging to New England Compounding Center, its owners and two related companies, according to court records.
A federal judge in Boston is expected to hear arguments today, Nov. 20, on whether to freeze nearly $500 million in assets, including luxury homes, related to New England Compounding Center, the Framingham-based specialty pharmacy linked to a deadly U.S. meningitis outbreak, reported Reuters. U.S. District Judge Dennis Saylor has ordered an expedited hearing to determine whether to freeze at least $461 million in assets belonging to New England Compounding Center, its owners and two related companies, according to court records. The fungal meningitis outbreak, linked to New England Compounding Center on Waverly Street in Framinghan, has killed 34 patients and infected almost 500 individuals in 19 states. The judge granted the request …
42.273356
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New England Compounding Center
697 Waverly St, Framingham, MA
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LittleRedFacedRob
1:48 pm on Friday, April 5, 2013
Because scumbags like Billy and Bobby fired people who spoke out. These 2 incompetents who now boast about having degrees on their linkedin accounts. more ›