Purdue Pharma has filed a new bankruptcy plan that will distribute more than $7.4 billion to compensate opioid epidemic victims and fund addiction treatment programs. The Stamford, Connecticut ...

Purdue Pharma has filed a new reorganization plan that aims to deliver more than $7.4 billion in cash to creditors, subject to certain reserves, to compensate victims and abate the opioid crisis.

STAMFORD, Conn., March 19, 2025--Purdue Pharma L.P. ("Purdue") today filed a Chapter 11 Plan of Reorganization (the "Plan") and related disclosure statement with the United States Bankruptcy Court ...

Purdue Pharma on Wednesday filed a new bankruptcy reorganization plan to resolve mass lawsuits alleging that the OxyContin maker and its Sackler family owners contributed to the opioid crisis.

A controversial bankruptcy plan involving OxyContin maker Purdue Pharma, which would shield the Sackler family from litigation tied to the opioid crisis, moved forward Thursday.. A federal ...

A huge majority of more than 120,000 creditors of Purdue Pharma have voted to approve the company’s bankruptcy plan, a key step toward the eventual release of more than $4.5 billion dollars to ...

Purdue Pharma files new bankruptcy plan to settle opioid lawsuits. Sackler family to pay $1.5 billion on settlement date, with $6.5 billion over 15 years.

Purdue Pharma filed for bankruptcy in White Plains, New York, late Sunday night, days after announcing a tentative deal to settle claims with about half the states and more than 1,000 local ...

The U.S. Supreme Court on Thursday temporarily blocked Purdue Pharma's plan to emerge from bankruptcy that shielded the founding Sackler families from liability in the nation's opioid epidemic ...

The U.S. Justice Department is condemning a proposed bankruptcy settlement for Purdue Pharma, the maker of Oxycontin. In court filings Monday, two divisions of the DOJ described the plan as ...

NEW YORK (Reuters) -Bankrupt drugmaker Purdue Pharma filed a new bankruptcy plan on Tuesday, a major step towards finalizing a proposed opioid settlement of at least $7.4 billion after a setback ...