Purdue Pharma Files New Reorganization Plan With $7.4 Billion for Creditors
The bankrupt drugmaker and OxyContin manufacturer will be dissolved and its assets transferred to a new company.
CBS News27d
Why a potential $7.4 billion Purdue Pharma opioid settlement frustrates some victims
Hampton was appointed by the Justice Department in 2019 to represent the financial interests of victims in the Purdue Pharma bankruptcy case. For two years, he served on a committee of creditors.
Purdue Pharma Outlines Opioid Suit Settlement Plan That Includes Up To $7 Billion From Sackler Family
Purdue Pharma submitted a new bankruptcy plan Tuesday, which will give its creditors more than $7.4 billion in cash—including ...
Purdue Pharma fees surpass $250 million for Davis Polk amid new bankruptcy plan
(Billable Hours is Reuters' weekly report on lawyers and money. Please send tips or suggestions to D.Thomas@thomsonreuters.com) ...
Yahoo Finance18d
Purdue Pharma L.P. Files New Plan of Reorganization Providing for More Than $7.4 Billion in Creditor Distributions
STAMFORD, Conn., March 19, 2025--(BUSINESS WIRE)--Purdue Pharma L.P. ("Purdue") today filed a Chapter 11 Plan of Reorganization (the "Plan") and related disclosure statement with the United States ...
Wall Street Journal17d
Purdue Pharma Files New Reorganization Plan With $7.4 Billion for Creditors
Purdue Pharma has filed a new reorganization plan that aims to deliver more than $7.4 billion in cash to creditors, subject to certain reserves, to compensate victims and abate the opioid crisis.
Business Wire18d
Purdue Pharma L.P. Files New Plan of Reorganization Providing for More Than $7.4 Billion in Creditor Distributions
--(BUSINESS WIRE)--Purdue Pharma L.P. (“Purdue”) today filed ... related to Purdue’s historical sales and marketing practices. The repository will be significantly larger than the entire ...