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News from Purdue Pharma
Stay current with all the latest and breaking news about Purdue Pharma, compare headlines and perspectives between news sources on stories happening today. In total, 37 stories have been published about Purdue Pharma which Ground News has aggregated in the past 3 months.
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Purdue Pharma · StamfordWith the fate of its OxyContin settlement in the air, Purdue Pharma is back in court as its owners, the Sackler family, face a potential onslaught of lawsuits worth an estimated $1 trillion in damages.Read more...See the Story
Purdue Pharma's Sackler family could face $1 trillion in damages if a second settlement fails
100% Center coverage: 1 sources
Joe Biden · TexasBiden's Pledge, Airline Woes, and Escalating Legal Battles Dominate US News President Joe Biden vowed on Monday to continue his re-election campaign, despite some Democrats fearing it could hurt the party come November. Biden invited candidates with doubts to challenge him at the Democratic National Convention.Hurricane Beryl led to the cancellation of over 1,300 flights and delayed another 1,000 as it hit Texas. United Airlines had a flight la…See the Story
Biden's Pledge, Airline Woes, and Escalating Legal Battles Dominate US News
Purdue Pharma · New YorkBy Dietrich Knauth NEW YORK (Reuters) – Purdue Pharma’s creditors sought permission from a U.S. bankruptcy court on Monday to sue the company’s wealthy owners, arguing that the litigation can serve as both a negotiating tool and a fallback option as the OxyContin maker re-starts talks on a bankruptcy settlement. Purdue is going back to the drawing board to negotiate a comprehensive settlement of lawsuits against it and its Sackler family own…See the Story
Purdue creditors seek approval to sue Sackler family members
100% Center coverage: 1 sources
Sackler Family · United StatesLast Thursday’s Supreme Court decision to nullify a $6 billion settlement with the Sackler family for their role in fueling a nationwide opioid crisis was the right one. The 5-4 outcome hinged on a loophole in United States bankruptcy law that protected the Sacklers, owners of Purdue Pharma and makers of the painkiller OxyContin, from civil lawsuits that would force them to potentially pay billions more. OxyContin was introduced in 1996 in 10 mi…See the Story
Editorial: Purdue Pharma ruling rightfully allows Sacklers to be accountable
100% Center coverage: 1 sources
Opioids · Americaby Noah Feldman In a surprising twist to America’s ongoing opioid crisis, the Supreme Court has thrown out a legal settlement that would have paid billions of […] The post SCOTUS upends Purdue Pharma’s opioid deal — and bankruptcy law appeared first on Dominion Post.See the Story
SCOTUS upends Purdue Pharma’s opioid deal — and bankruptcy law - Dominion Post
100% Left coverage: 1 sources