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Creditors approve CT-based OxyContin maker Purdue Pharma's settlement plan
The $7.4 billion settlement plan proposed by OxyContin maker Purdue Pharma and the Sackler family members who own the bankrupt firm has gained nearly unanimous creditor approval. More than ...
Reuters
Purdue Pharma gets over 99% voting support for bankruptcy plan
NEW YORK, Oct 21 (Reuters) - More than 99% of bankrupt drugmaker Purdue Pharma's creditors voted to accept a $7.4 billion settlement of legal claims related to the company's sales of addictive ...
WTNH
Judge rejects Purdue Pharma’s sweeping opioid settlement
A federal judge rejected OxyContin maker Purdue Pharma’s bankruptcy settlement of thousands of lawsuits over the opioid epidemic Thursday because of a provision that would protect members of the ...
Bloomberg L.P.
Purdue Creditors Vote for $7.4 Billion Plan to End Bankruptcy
Creditors of Purdue Pharma voted in favor of the opioid maker’s proposal to exit bankruptcy and pay billions to communities and individuals who say they were harmed by the company’s addictive ...
Business Wire
Purdue Pharma L.P. Plan of Reorganization Receives Overwhelming Creditor Support
STAMFORD, Conn.--(BUSINESS WIRE)--Purdue Pharma L.P. (“Purdue”) today announced that its Chapter 11 Plan of Reorganization (“Plan”) received support from more than 99% of voting creditors, ...
katc
OxyContin maker Purdue proposes $10B plan to exit bankruptcy
The company that makes the prescription painkiller OxyContin would be transformed into a new entity that would funnel profits into combatting the U.S. opioid crisis under a $10 billion plan ...