Business Wire13d
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 a Chapter 11 Plan of Reorganization (the “Plan”) and related disclosure statement with the United States Bankruptcy Court for ...
WSB-TV13d
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Purdue Pharma asked a bankruptcy judge late Tuesday to consider the latest version of its plan to settle thousands of lawsuits over the toll of the powerful prescription painkiller OxyContin ...
Wall Street Journal13d
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.
JD Supra8d
I Love it When a Plan Comes Together, Shutting Down Forever, and A Matrix Resurrection?
Purdue Pharma filed another chapter 11 reorganization plan aiming to implement $7.4 billion in opioid settlements. S&K Take: Purdue has filed its long-awaited amended plan and DS, with an eye ...
Kiii3 News12d
Sackler family to pay up to $7 billion cash under Purdue Pharma's new opioid settlement plan
WASHINGTON — Purdue Pharma asked a bankruptcy judge late Tuesday to consider the latest version of its plan to settle thousands of lawsuits over the toll of the powerful prescription painkiller ...