Purdue Pharma nears new bankruptcy deal with Sacklers, mediator says
Purdue Pharma is close to a new bankruptcy settlement with its owners, members of the wealthy Sackler family, and state and ...
JD Supra12d
From Opioids to Opt-Outs: Nonconsensual Third-Party Releases and the Aftermath of Purdue
On June 27, 2024, the U.S. Supreme Court released its 5-4 opinion in connection with the bankruptcy case of Purdue Pharma L.P ...
JD Supra12d
How the U.S. Supreme Court's Rulings on Kaiser and Purdue Pharma Affect Insurers' Rights and Interests in Chapter 11 Cases
On June 6, 2024, the United States Supreme Court issued its decision on an insurer’s standing in its policyholders’ Chapter ...
pharmaphorum9d
Purdue preps bankruptcy as opioid settlement bid stumbles; report
Purdue Pharma is reported to be preparing to file ... Several states and cities have reportedly already rejected its settlement bid, according to news agency Reuters, and Purdue is now gearing ...
The 'Next Battleground' in Chapter 11: Third Circuit Set to Weigh Opt-Out Releases
A subset of sexual abuse accusers whose compensation is a key part of the plan and a group of Boy Scout insurers—have spent ...
Missoulian20d
The Supreme Court rejects a nationwide opioid settlement with OxyContin maker Purdue Pharma
WASHINGTON — The Supreme Court on Thursday rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have shielded members of the Sackler family who own the company from ...
Reuters10d
Purdue Pharma nears new bankruptcy deal with Sacklers, mediator says
NEW YORK, Oct 31 (Reuters) - Purdue Pharma is close to a new bankruptcy settlement with its owners, members of the wealthy Sackler family, and state and local governments that have filed lawsuits ...