Juul asks the court to block the FDA ban, investigating possible bankruptcy reports

July Labs Inc. on Friday asked a federal appeals court to temporarily block the Food and Drug Administration’s order that the vaping company immediately withdraw its e-cigarettes from the US market, a decision that would stop the business.

In addition to fighting the FDA’s order, Juul has worked with its legal advisers on alternatives that include a possible bankruptcy notice if the company is unable to obtain relief from the government’s ban, according to people familiar with the matter. The company’s lawyer, Kirkland and Ellis gives advice on contingency plans, the people said.

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