Purdue’s Sacklers Consider Adding $1 Billion More to Opioid Settlement February 11, 2022 By Jef Feeley, Jeremy Hill and Malathi Nayak Members of the billionaire Sackler family that own Purdue Pharma LP are weighing whether to add $1 billion to the...
Sacklers Close to Agreement Increasing Opioid Settlement in Purdue Bankruptcy February 3, 2022 By Tom Hals and Mike Spector Members of the Sackler family who own Purdue Pharma LP are nearing an agreement to boost their more than $4...
Judge Orders Mediation for Purdue Pharma, Sacklers, States Over Opioid Settlement January 4, 2022 By Maria Chutchian A U.S. judge on Monday ordered mediation in the Purdue Pharma bankruptcy, calling for the company, the Sackler family members...
Purdue Pharma Plans Appeal of Ruling Nixing Its Opioid Settlement, Liability Shield January 3, 2022 By Krystal Hu Purdue Pharma is seeking to appeal to the 2nd U.S. Circuit Court of Appeals a judge’s decision to unravel its...
Purdue Bankruptcy Judge Extends Sacklers’ Lawsuit Shield Until February December 30, 2021 By Maria Chutchian A bankruptcy judge has extended temporary protections against opioid-related litigation for the Sackler family members who own Purdue Pharma until...
Ruling Against Purdue’s Sacklers Puts Controversial Bankruptcy Tactic in Spotlight December 20, 2021 By Mike Spector and Dan Levine A federal judge’s decision to unravel a settlement shielding members of the Sackler family from future opioid litigation could upend...
Judge Tosses $4.5B Deal Shielding Sacklers From Purdue Opioid Claims December 17, 2021 By Brendan Pierson A federal judge has thrown out a $4.5 billion settlement that would have shielded the Sackler family, which owned OxyContin...
Sackler Family Denies Scheme to Abuse Bankruptcy System and Avoid Liability December 7, 2021 By Maria Chutchian Members of the Sackler family on Monday said billions of dollars they collected from Purdue Pharma before the company filed...
Judge Asks If Opioid Maker Purdue’s Owners Abused Bankruptcy to Shield Assets December 1, 2021 By Maria Chutchian A U.S. judge on Tuesday questioned whether members of the Sackler family that owned Purdue Pharma abused the bankruptcy system,...
Judge Approves Purdue Pharma’s $7M Executive Bonus Plan September 14, 2021 By Maria Chutchian A U.S. judge on Monday approved up to $7.1 million in bonuses for five executives of Purdue Pharma, the bankrupt...