December 2, 2022

Christopher vanOosterhout

eBusiness, Marketing, Social Media, SEO, SEM, Privacy & Data Consulting and Speaking

Juul Asks Court to Block FDA Ban, Explores Possible Bankruptcy Filing

1 min read
Juul Asks Court to Block FDA Ban, Explores Possible Bankruptcy Filing

The FDA said that Juul hadn’t submitted sufficient evidence that its devices were safe. Juul Labs Inc. asked a federal appeals court on Friday to temporarily block the Food and Drug Administration’s order for the vaping company to immediately pull its e-cigarettes off the U.S. market.

In addition to fighting the FDA’s order, Juul has been working with its legal advisers on options that include a possible bankruptcy filing if the company is unable to get relief from the government’s ban, according to people familiar with the matter. The company’s counsel, Kirkland & Ellis LLP, is advising on the contingency plans, the people said.

In addition to fighting the FDA’s order, Juul has been working with its legal advisers on options that include a possible bankruptcy filing if the company is unable to get relief from the government’s ban, according to people familiar with the matter. The company’s counsel, Kirkland & Ellis LLP, is advising on the contingency plans, the people said.

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