The deal, agreed to by Purdue Pharma, the Sackler family members who ... to the deal but had harsh words for the company and its owners. “While West Virginians' lives were being destroyed ...

The US Supreme Court’s ruling last year barring nonconsensual third-party releases in Purdue Pharma LP’s bankruptcy doesn’t ...

Purdue Pharma has filed a new bankruptcy plan that details how the funds will be allocated and the proportion paid by its owners, nearly two months after agreeing to a $7.4bn opioid settlement.

The $4.3 billion settlement also requires the family that owns Purdue Pharma to publicly disclose a plethora of documents on their role in the opioid crisis and subsequent litigation. (CN) — Attorneys ...

Jonathan Randles covers bankruptcy and corporate restructuring for WSJ Pro and The Wall Street Journal.

Supreme Court hears case that could shield Purdue Pharma owners from opioid lawsuits The Supreme Court heard arguments in one of the most important corporate bankruptcy cases in decades.

Purdue Pharma, manufacturer of the highly addictive pain killer oxycontin, declared bankruptcy in 2019 and entered into a multibillion dollar settlement over their sales practices with the ...

The pharmaceutical industry is on the brink of massive transformation driven by cutting-edge technology and strategic ...

Peg Brickley covered corporate bankruptcy in Delaware for The Wall Street Journal and WSJ Pro Bankruptcy.