News

(Bloomberg) -- Purdue Pharma LP has filed a new Chapter 11 plan with the US Bankruptcy Court for the Southern District of New York, pledging it will give creditors including US states and other ...
The US Government has asked the Supreme Court to block Purdue Pharma from completing a bankruptcy settlement that would shield its Sackler family owners from lawsuits. The move came after an ...
The Boy Scouts of America’s bankruptcy reorganization plan and $2.46 billion child sex abuse settlement has advanced too far ...
A federal appeals court on Tuesday rejected calls to overturn the Boy Scouts of America's $2.46 billion sex abuse settlement, ...
Hart is not the only one raising concerns about the deal. Former federal prosecutor Rick Mountcastle, who investigated Purdue ...
Supreme Court hears case that could shield Purdue Pharma owners from opioid lawsuits The Supreme Court heard arguments in one of the most important corporate bankruptcy cases in decades.
After years of legal wrangling, Purdue Pharma has agreed a deal to resolve ... Purdue filed for bankruptcy last year, after it proposed a separate $10 to $12 billion settlement package to resolve ...
A proposed multi-state settlement with Purdue Pharma and members of the Sackler family does not come close to providing the ...
Sackler family members, owners of the OxyContin maker Purdue Pharma, appeared at a court bankruptcy hearing ... Privately owned Purdue's case is of special interest because it was an early ...
Purdue Pharma, manufacturer of the highly addictive pain killer oxycontin, declared bankruptcy in 2019 and entered into a multibillion dollar settlement over their sales practices with the ...
On June 27, the U.S. Supreme Court announced a 5-4 decision rejecting the nonconsensual releases of the Sackler family in the Purdue Pharma bankruptcy case. The split is an interesting alignment ...