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Purdue Pharma bankruptcy in limbo as Supreme Court prepares to hear arguments

Only one victim's mother is siding with the federal government in rejecting a $6 billion bankruptcy settlement that would shield the family who owns Purdue Pharma from any civil liabilities.

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Frustration grows over wait on settlement with OxyContin maker, CT-based Purdue Pharma

A federal court is still considering whether it's lawful to give members of the Sackler family who own Purdue Pharma protection from civil lawsuits in exchange for their contribution to the settlement: the company itself and up to $6 billion in cash. A federal appeals court heard arguments on the matter a year ago, but has not issued a ruling. Lawyers on multiple sides of the case have asked the court to issue an opinion — or at least a timeline.

New yorkUnited statesStephanie lubinskiLindsey arringtonArik preisUs circuit courtPurdue pharmaOnnecticut newsSackler familyOxycontin maker purdue pharma

Frustration grows over wait on OxyContin maker s settlement

Frustration grows over wait on OxyContin maker s settlement
westhawaiitoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from westhawaiitoday.com Daily Mail and Mail on Sunday newspapers.

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Page A1 | e-Edition | bedfordgazette com

View the The Bedford Gazette for Monday, May 1, 2023

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Frustration Grows Over Wait on OxyContin Maker s Settlement

More than a year after OxyContin maker Purdue Pharma reached a tentative settlement over the toll of opioids that was accepted nearly universally by the

New yorkUnited statesArik preisLindsey arringtonStephanie lubinskiUs circuit courtPurdue pharmaNew youInsurance journal

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