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Bang Energy Drink Co. Says Ex-CEO Jeopardizing Ch. 11 Sale

Law 360

Bang Energy drink maker Vital Pharmaceuticals on Thursday urged a Florida federal bankruptcy judge to prevent its former CEO from using social media accounts tied to the company, saying his postings are jeopardizing a potential sale of the company's assets in its Chapter 11 case.

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Ex-CEO Of Energy Drink Co. Says Biz Claimed His Assets

Law 360

The former CEO of Vital Pharmaceuticals Inc. urged a Florida federal bankruptcy judge on Tuesday to allow him access to a data room to ensure that any assets he owns aren't transferred in a Chapter 11 sale, after claiming that the company's new leadership attempted to wrongly take control of his property.

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Bang Energy Trustee Tags Ex-CEO In Clawback Suit

Law 360

The Chapter 11 liquidating trustee for Vital Pharmaceuticals sued the Bang Energy drink maker's former CEO on Thursday, seeking at least $80 million in clawbacks and tens of millions more in real estate and other property, while accusing him of creating a "self-dealing regime" that destroyed the company.

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Bang Agrees To $362M Sale To Monster In Fla. Ch. 11

Law 360

Vital Pharmaceuticals Inc., the company that produces Bang Energy drinks, announced a proposed $362 million sale to rival Monster Beverage Corp. in its Florida bankruptcy case on Monday, although court records show that the transaction still needs approval from the Federal Trade Commission.

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Device 'Lockdown' Ordered in Bang Energy Co. Ch. 11

Law 360

A Florida federal bankruptcy judge on Thursday ordered a "lockdown" barring the use of electronic devices reportedly in possession of the ex-CEO of Vital Pharmaceuticals, which makes Bang energy drinks, after an attorney representing the debtors said the executive extracted privileged company information he wasn't entitled to from the devices after (..)

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VPX CEO Says Super Creatine Best Supplement Ever 'By Far'

Law 360

Vital Pharmaceuticals Inc. insisting no studies are needed on the "super creatine" ingredient in the company's Bang energy drink while standing by his claims about its health and muscle-building benefits.

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GMP Update: CDER Official Explains, Advises, and Predicts

FDA Law Blog

FDA would not want to curtail supplies of vitally needed drugs by, for example, imposing an Import Alert. Document dumps,” he said, are not helpful without the assistance of a narrative placing the documents in context.