Tag: Purdue Pharma case

Purdue Pharma Bankruptcy Plan Approved, Freeing Sacklers from Lawsuits

Opioid epidemic, painkillers and drug abuse concept with close up on a bottle of prescription drugs and hydrocodone pills falling out of it on white

OxyContin maker Purdue Pharma LP won court approval of a $4.5 billion bankruptcy settlement that shields its owners, members of the Sackler family, from lawsuits accusing them of contributing to the nation’s opioid epidemic in exchange for providing funding to combat the crisis. Judge Robert Drain of the U.S. Bankruptcy Court in White Plains, N.Y.,… Continue reading Purdue Pharma Bankruptcy Plan Approved, Freeing Sacklers from Lawsuits

Ruling on Purdue Pharma Opioid Settlement Pushed Back to Next Week

Opioid epidemic, painkillers and drug abuse concept with close up on a bottle of prescription drugs and hydrocodone pills falling out of it on white

A U.S. judge said on Thursday he now anticipates a ruling on OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan on Wednesday of next week instead of this week because he needs more oral argument on certain issues. U.S. Bankruptcy Judge Robert Drain was originally expected to rule on Friday, Aug. 27. Drain did not… Continue reading Ruling on Purdue Pharma Opioid Settlement Pushed Back to Next Week