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Bank Balks At Nostrum Ch. 11 Sale Over Drug Disposal Issue

By Emlyn Cameron ( May 16, 2025, 7:14 PM EDT) -- Waterford Bank NA has objected to New Jersey drugmaker Nostrum Laboratories Inc.'s plan to sell an Ohio property, saying the bank doesn't want to be left to pay for the disposal of large quantities of controlled substances left at the site, an issue the parties are now negotiating ahead of a hearing next week....

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