The US Supreme Court has struck down a $7 billion bankruptcy plan for Purdue Pharma that would have protected the Sackler family from further lawsuits — a ruling that could mean "chaos" for ...

A US federal judge has approved a bankruptcy settlement for Purdue Pharma that grants the Sackler family that owned the business immunity from any further civil lawsuits accusing them of ...

Purdue Pharma and its controlling Sackler family have offered a new ... to be approved by Judge Robert Drain overseeing Purdue's bankruptcy proceedings, which will see its assets will be shifted ...

A previous version had bankruptcy court approval but was rejected last year by the U.S. Supreme Court because it protected members of the Sackler family from civil lawsuits even though none of ...

Tennessee Attorney General Jonathan Skrmetti announced Thursday, Jan. 23, that a bipartisan coalition of states and other parties have reached a $7.4 billion settlement in principle with members of th ...

Purdue Pharma has filed a new bankruptcy plan that details how the ... The latest scheme will see the company's owners, the Sackler family, contribute around $6.5bn in instalments over the next ...

The Justice Department argued that shielding the… OxyContin maker Purdue Pharma can start its transformation under a bankruptcy agreement that allows the members of the wealthy Sackler family ...

A previous version had bankruptcy court approval but was rejected last year by the U.S. Supreme Court because it protected members of the Sackler family from civil lawsuits even though none of ...