NJOY’s debt bought out

Last September, NJOY filed for bankruptcy in the U.S. Bankruptcy Court for the District of Delaware after the accumulation of the failed launch of its Kings 2.0, disputes over intellectual property forcing NJOY to seek advances on its loans, and unexpected compliance costs for the FDA. The judge in charge of the case, the Honorable Christopher S. Sontchi, approved … Continue reading NJOY’s debt bought out