The Legal Rights of Rite Aid’s Creditors

Tomer D. Elkayam Associate Editor Loyola University Chicago School of Law, JD 2024 In the midst of a lawsuit brought by the Department of Justice (“DOJ”), Rite Aid Corporation announced it had filed for Chapter 11 Bankruptcy protection after agreeing with creditors on a financial restructuring plan. Rite Aid, one of the “big three” pharmaceutical …
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