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Purdue Pharma law firms relinquishing $1M in fees to settle concerns about disclosures
Purdue Pharma law firms relinquishing $1M in fees to settle concerns about disclosures Justine Coleman © Getty Purdue Pharma law firms relinquishing $1M in fees to settle concerns about disclosures The Department of Justice (DOJ) has ordered three law firms for Purdue Pharma to relinquish $1 million in fees earned in the drugmakers opioid epidemic-related bankruptcy cases due to concerns about the firms disclosures to the court. The DOJ s U.S. Trustee Program (USTP) announced on Thursday the settlement with the three law firms: Skadden, Arps, Slate, Meagher & Flom LLP; Wilmer Cutler Pickering Hale and Dorr LLP; and Dechert LLP. The agreement still requires approval from the Bankruptcy Court for the Southern District of New York.
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