Purdue Pharma

  • Purdue Pharma Gets Extension for Sackler Settlement Talks

    Purdue Pharma secured an 18-day extension on Thursday to continue its efforts to reach a settlement in lawsuits related to its role in the opioid addiction crisis. Bankruptcy Judge Sean Lane approved this extension during a hearing in White Plains, New York, allowing the company more time to negotiate a comprehensive settlement. The extension comes…

  • Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling

    Purdue Pharma received U.S. court approval on Tuesday for a 60-day freeze on lawsuits against its owners, members of the wealthy Sackler family. This marks the company’s first court appearance since a landmark Supreme Court ruling disrupted its bankruptcy settlement. U.S. Bankruptcy Judge Sean Lane granted the injunction during a hearing in White Plains, New…