Why a potential $7.4 billion Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy ...
Mallinckrodt and Endo to combine after emerging from bankruptcy linked to opioid crisis
Mallinckrodt Pharmaceuticals and Endo have agreed to combine in a nearly $7bn deal after the pair emerged from bankruptcy processes linked to liabilities over the US opioid crisis.
Reuters19d
Purdue Pharma says Sackler opioid payment could grow to $7 billion
NEW YORK, Feb 25 (Reuters) - Purdue Pharma told a U.S. bankruptcy ... to $750 million set aside for personal injury claims in Purdue’s previous bankruptcy plan. Lane said Tuesday that he was ...
Liability Shields Gain Ground in International Bankruptcy Cases
A New York bankruptcy judge’s recognition of a Mexican lender’s foreign restructuring with nonconsensual liability releases ...
JD Supra12d
Mortimer—We’re Back, Fabric of Our Lives, and Jump-Start (My Heart)
Judge Littlefield is deciding whether to permit several child sexual abuse lawsuits against the Roman Catholic Diocese of Albany to go to trial as a method to kick start settlement discussions.
pharmaphorum3d
Purdue’s bankruptcy plan in tatters as SCOTUS says no
The Supreme Court of the US has rejected a bankruptcy deal that would settle opioid litigation against Purdue Pharma ... pot put on the table to settle claims that Purdue fuelled the opioid ...
Law15d
Nonconsensual Third-Party Releases Permitted in Bankruptcy Sale Under Debtor-Insurer Settlement
Purdue Pharma, 603 U.S. 204 (2024), where a ... third-party nondebtors without the consent of affected claim holders. The bankruptcy bar and courts are now attempting to determine the breadth ...
pharmaphorum3d
Bankruptcy court clears $397m Purdue consumer health sale
A judge in the US has approved the sale of Purdue Pharma’s ... part of the bankruptcy proceedings related to the drugmaker’s proposed $10 billion settlement of claims that it helped to fuel ...