Egalet Corporation – Court Confirms Plan, Debtors Set to Shed $61mn on Emergence

January 14, 2019 – The Court hearing the Egalet Corporation case issued an order confirming the Debtors’ First Amended Chapter 11 Plan of Reorganization [Docket No. 242]. On October 31, 2018, the Debtors, a specialty pharmaceutical company focused on developing, manufacturing and commercializing “abuse-deterrent” treatments for pain, filed for Chapter 11 protection with the U.S….