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 ...
Purdue, and its wealthy owners, members of the Sackler family, wanted a bankruptcy settlement to resolve thousands of lawsuits. That massive settlement is now on the table, but after five years ...
Purdue Pharma submitted a new bankruptcy plan Tuesday, which will give its creditors more than $7.4 billion in cash—including up to $7 billion in payments from the billionaire Sackler family ...
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.
Purdue Pharma Submits Opioid Lawsuit Settlement ... a deal that would have members of the Sackler family who own the company pay up to $7 billion. The filing is a milestone in a tumultuous legal ...
WASHINGTON — Purdue Pharma asked a bankruptcy judge late ... a deal that would have members of the Sackler family who own the company pay up to $7 billion. The filing is a milestone in a ...
The headline figure had been previously flagged by Purdue and its owners, members of the wealthy Sackler family. The formal bankruptcy plan filed Tuesday, in White Plains, New York, fleshes out ...