Purdue Pharma, McKinsey Net Court Approval of Bankruptcy Deal
Purdue Pharma secured court approval for a $125 million settlement with McKinsey & Co. to resolve claims related to the firm’s advisory role in marketing the drugmaker’s opioids.
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Harrington v. Purdue Pharma L.P.
Type to search articles, cases, and authors. Press ↵ to view all results. The bankruptcy code does not authorize a release and injunction that, as part of a plan of reorganization under Chapter 11, ...
Purdue Pharma dissolves in bankruptcy, names board of nonprofit successor
By Dietrich Knauth NEW YORK, May 1 (Reuters) - Purdue Pharma said on Friday that it has ceased operations and concluded its ...
Opioid maker Purdue Pharma shuts down as part of $7.4 billion deal
May 1 marks the first payment of billions to try to address ongoing harms from the overdose crisis.
‘A punch in the gut’: After years of waiting, many opioid victims will be shut out of Purdue settlement
Nearly 140,000 people filed claims against the company for the harm they said its drugs caused. Fewer than half of them will get any compensation.
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Purdue Pharma sentenced ahead of bankruptcy as judge hears "heartbreaking" testimonies
Newark, New Jersey - A federal judge on Tuesday criminally sentenced OxyContin-maker Purdue Pharma over its role in the opioid crisis, ahead of upcoming bankruptcy proceedings and its dissolution.
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District Court Confirms Nonconsensual Third-Party Releases Survive Purdue Pharma in Chapter 15
On March 31, 2026, US District Court Chief Judge Colm F. Connolly of the District of Delaware affirmed a bankruptcy court order recognizing ...
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McKinsey to contribute $125 million to Purdue bankruptcy over opioid sales advice
NEW YORK, April 9 (Reuters) - Consulting firm McKinsey & Co has agreed to contribute $125 million to Purdue Pharma's bankruptcy settlement, resolving potential legal claims over advice it provided ‌to ...