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Purdue Pharma Can Protect Sackler Owners in Opioid Bankruptcy, Court Rules

Purdue Pharma can protect Sackler owners in opioid bankruptcy, U S appeals court rules

The court said on Tuesday that U.S. bankruptcy law allows legal protections for non-bankrupt parties, like the Sacklers, in extraordinary circumstances

As bankrupt OxyContin maker Purdue Pharma restructures, CT employees face an uncertain future

As bankrupt OxyContin maker Purdue Pharma restructures, CT employees face an uncertain future FacebookTwitterEmailLinkedInRedditPinterest FacebookTwitterEmailLinkedInRedditPinterest 1of5Purdue Pharma is headquartered at 201 Tresser Blvd., in downtown Stamford, Conn.Photo: Frank Franklin II / Associated Press 2of5The long-term future of Purdue Pharma employees including CEO Craig Landau remains unclear despite the company filing a re-organization plan in bankruptcy court.Photo: File photo 3of5Connecticut Attorney General William TongPhoto: Matthew Brown / Hearst Connecticut Media 4of5Fernando Alvarez speaks next to a large curtain he and friends set up as a protest of interim FDA commissioner Janet Woodcock, in front of the Purdue Pharma’s headquarters at 201 Tresser Blvd., in downtown Stamford, Conn., on March 12, 2021.Photo: Ned Gerard / Hearst Connecticut Media

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