Ruling on Purdue Pharma Bankruptcy and Opioid Settlement Delayed Until Next Week August 27, 2021 By Mike Spector and Maria Chutchian A U.S. judge said on Thursday he now anticipates a ruling on OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan...
Opioid and Asbestos Immunity Cases Could Tilt Bankruptcy Scales Away From Victims August 26, 2021 By Jeremy Hill and Steven Church The billionaire owners of OxyContin maker Purdue Pharma LP and lumber giant Georgia-Pacific are in high-stakes legal battles to shed...
Bankruptcy Judge Says Purdue Pharma’s Sacklers Face ‘Substantial’ Liability Risk August 24, 2021 By Maria Chutchian The judge overseeing Purdue Pharma’s bankruptcy said on Monday that some members of the Sackler family who own the OxyContin...
Former Purdue President Sackler Says Family Did Not Contribute to Opioid Epidemic August 19, 2021 By Maria Chutchian Former Purdue Pharma President Richard Sackler said on Wednesday that his family’s reign over the OxyContin maker did not contribute...
Sacklers: Purdue’s ‘Moral Responsibility’ to Pay for Opioid Crisis Tied to Liability Shield August 18, 2021 By Maria Chutchian A member of the Sackler family that owns Purdue Pharma testified on Tuesday that his family bears a “moral responsibility”...
Purdue’s Creditors Back Bankruptcy Plan That Would Pay 3,000 Opioid Lawsuits July 27, 2021 By Shubham Kalia OxyContin maker Purdue Pharma LP said on Tuesday that creditors voted in favor of its reorganization plan that would provide...
New York City, New York Counties File Suit Against McKinsey Over Opioid Crisis June 3, 2021 New York City and 21 of New York’s counties on Tuesday announced a lawsuit against consulting firm McKinsey & Company,...
Massachusetts Sues Marketing Firm for Role in Opioid Crisis May 11, 2021 Massachusetts’ top prosecutor on Thursday sued a global marketing company that she alleges played a role in fueling the opioid...
Purdue Pharma’s Sacklers Increase Opioid Settlement Offer to $4.3B: Reuters March 12, 2021 By Mike Spector Members of the Sackler family who own Purdue Pharma LP have offered roughly $4.3 billion to resolve sprawling opioid litigation,...
Files Raise Questions About Purdue Pharma Family’s Transfer of $10B Over Decade December 21, 2020 Members of the wealthy Sackler family, owners of OxyContin maker Purdue Pharma LP, have long denied that the $10 billion...