Judge Will Approve Purdue Bankruptcy Plan, Freeing Sacklers From Future Liability Suits September 2, 2021 By Tom Hals and Mike Spector A U.S. judge said on Wednesday he would approve OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan, clearing a path...
Bankruptcy Judge Urges Holdout States to Settle Issues With Purdue Pharma, Sacklers August 30, 2021 By Geoff Mulvihill A federal bankruptcy judge on Friday urged states that oppose a settlement plan with Purdue Pharma to try to work...
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”...
Trial Begins Over Sacklers, Purdue Pharma $10 Billion Opioid Liability Exit Plan August 12, 2021 By Jeremy Hill Purdue Pharma LP and its owners, members of the Sackler family, are nearing the end of their decades-long association with...
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...
All But a Few States Now Back Purdue Pharma, Sackler Family Bankruptcy Deal July 12, 2021 By Mike Spector Fifteen more states reached an agreement with Purdue Pharma LP and members of its wealthy Sackler family owners that moved...