Bloomberg Law
June 10, 2019, 9:41 PM UTC

Bankrupt Insys Therapeutics Owes $19.2 Million to Law Firm Creditors

Diane Davis
Diane Davis
Reporter/Editor

Law firms including King & Spalding, Nixon Peabody and White & Case account for 22 out of Insys Therapeutics Inc.'s top 30 unsecured creditors in its bankruptcy case.

The drugmaker owes $19.2 million to the law firms, according to court documents. The Phoenix-based company filed for Chapter 11 bankruptcy protection June 10 after agreeing to pay $225 million to settle a U.S. probe over the promotion of its highly addictive opioid painkiller.

The company estimated it has $175.1 million in assets and $262.5 million in liabilities.

The five law firms with the largest claims are: Wilkinson Walsh & Eskovitz LLP ...

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