Approval would take at least several more months. A previous version had bankruptcy court approval but was rejected last year by the U.S. Supreme Court because it protected members of the Sackler ...
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 and the Sackler family have recently reached a $7.4 billion settlement in principle to resolve thousands of ...
NEW YORK, Feb 25 (Reuters) - Purdue Pharma told a U.S. bankruptcy judge on Tuesday that it will finalize a new bankruptcy plan in March, with the company's Sackler family owners potentially paying ...
A previous version had bankruptcy court approval but was rejected last year by the U.S. Supreme Court because it protected members of the Sackler family from civil lawsuits even though none of ...
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