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 withdraw its e-cigarettes from the U.S. market, a decision that would halt its business.
In addition to fighting the FDA order, Juul is working with its legal advisers on options that include possible bankruptcy if the company cannot get relief from the government’s ban, according to people familiar with the matter. The company’s adviser, Kirkland & Ellis, is advising on contingency plans, people said.
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