NEW YORK (Reuters) - Purdue Pharma said on Friday it needs more ... several states' attorneys general and would propose a formal bankruptcy plan before the end of February. U.S. Bankruptcy Judge ...
Members of the family who own OxyContin maker Purdue Pharma, and the company itself ... taken distributions from Purdue since before the bankruptcy filing. The company would become a new entity ...
In the latest twist in its efforts to wrap up years of high-profile opioid litigation, the billionaire family behind the now-bankrupt Purdue Pharma ... dollar bankruptcy agreement that would ...
A bipartisan coalition of states has reached a $7.4 billion settlement in principle with members of the Sackler family and their former company Purdue Pharma over their role in the opioid crisis.
Purdue Pharma planned to exit bankruptcy last year under terms that gave the Sacklers a full release from all civil opioid claims even though they themselves were not declaring bankruptcy.