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Purdue Pharma judge tentatively OKs $16 million in employee retention payments


Hearing on bonuses for top executives postponed
Judge seeks due diligence on employees eligible for payments
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(Reuters) - The judge overseeing Purdue Pharma’s Chapter 11 case has tentatively approved $16.1 million in retention payments for 506 of the company s employees but conditioned his ruling on the OxyContin maker’s successful reorganization.
During a virtual hearing, U.S. Bankruptcy Judge Robert Drain in White Plains, New York, said he would sign off on the payments – which he said are not the same as bonuses because they are part of the employees’ annual compensation – as long as Purdue doesn’t wind up liquidating in bankruptcy, which at this point in the case is ....

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Retro Fitness Opens New Headquarters in West Palm Beach, Florida


Retro Fitness Opens New Headquarters in West Palm Beach, Florida
Leading Fitness Franchise Strategically Relocates Business with State of the Art Office and Support Center
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WEST PALM BEACH, Fla., April 27, 2021 /PRNewswire/  Retro Fitness, the leader in high-value, low price fitness, has opened its new corporate headquarters and support center at 1601 Belvedere Rd., West Palm Beach, Florida. The new location was a strategic relocation for the brand amid its 15
th year anniversary, prompted by Retro Fitness continued national growth and expansion.
Photo credit Retro Fitness
Photo credit Retro Fitness
Retro Fitness worked hand-in-hand with leading architectural firm, Nichols/Page Design Association Inc., to open its new 13,000 sq. ft. support center in the heart of West Palm Beach, generating hundreds of new jobs and opportunities in the surrounding markets. The new state of the art facility ....

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Retro Fitness Launches At-Home Workout Bike and First-Ever Dual Gym Membership


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WEST PALM BEACH, Fla., April 6, 2021 /PRNewswire/ Today, Retro Fitness, the leader in high-value, low price fitness, announced the launch of
Get Wheel, an at-home stationary bike with an in-gym dual membership. This marks the brand s entry into the at-home fitness arena, and the first national gym to offer a membership that combines both at-home and in-gym fitness experiences.
The Retro Fitness COBRA+
Following the demand of at-home fitness during the pandemic, Retro Fitness created Get Wheel as an answer to the need for a flexible membership, offering even more ways to get healthy, stay fit and continue your fitness journey. Consumers nationwide can purchase a Retro COBRA bike and gain access to any Retro Fitness location, helping them achieve their fitness goals virtually and/or in-person. Get Wheel is making fitness fun, interactive and versatile. ....

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