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Roiling headlines in the last couple of years were the bankruptcy filings of the corporations Purdue Pharma and the national organization of Boy Scouts of America (now called Scouting America).
Purdue Pharma’s owners from the Sackler family ... not to grant liability releases to the Sacklers and pursue direct claims against them instead, Quinn said. Purdue and many of its creditors ...
Purdue Pharma L.P., the Supreme Court held that the Bankruptcy Code does not authorize a bankruptcy court to grant a release and injunction that extinguishes direct claims against nondebtor third ...
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.
Previously at the epicenter of the U.S. opioid crisis, Purdue Pharma is looking to reenter ... While around 140,000 people have made legal claims over alleged harm from Purdue’s opioid products ...
The billionaire family that owns Purdue Pharma, maker of the pain medication ... use toward defending the Sacklers against those future claims, according to the offices of the New York and ...
But the company was facing trillions in claims and resorted – along with ... represent the financial interests of victims in the Purdue Pharma bankruptcy case. For two years, he served on ...
Purdue Pharma on Wednesday filed a new bankruptcy reorganization plan to resolve mass lawsuits alleging that the OxyContin maker and its Sackler family owners contributed to the opioid crisis.
NEW YORK, Sept 5 (Reuters) - Purdue Pharma on Thursday received an 18-day ... The Supreme Court ruled that bankruptcy courts cannot release legal claims against non-debtors, like the Sacklers ...
NEW YORK, Feb 25 (Reuters) - Purdue Pharma told a U.S. bankruptcy judge ... pay about $800 million into a trust for personal injury claims. That is an increase from the $700 million to $750 ...
Purdue Pharma’s owners from the Sackler family have struck a new $6.5 billion settlement of mass litigation alleging they fueled addiction, reopening a path to end the longest and costliest ...