After gaining resounding creditor support, Purdue Pharma's settlement plan now needs to secure court approval.

Benjamin Loveland, George Shuster Jr. The U.S. Supreme Court’s decision in Harrington v. Purdue Pharma LP2 has, in many respects, changed the landscape for nonconsensual third-party releases in ...

NEW YORK, Oct 21 (Reuters) - More than 99% of bankrupt drugmaker Purdue Pharma's creditors voted to accept a $7.4 billion settlement of legal claims related to the company's sales of addictive opioid ...

The city is set to receive $48 million from a settlement with Purdue Pharma and its former owners, the Sackler family, for their role in producing and marketing highly addictive opioids. Mayor Eric ...

Cities through the county are joining more settlement agreements with a number of pharmaceutical companies involved in the opioid crisis, including Purdue Pharma, Alvogen and Indivior. Over the last ...

All 50 states as well as Washington, D.C., and four U.S. territories have agreed to sign a $7.4 billion settlement with the company and once-prominent family behind OxyContin, officials announced ...

WEST FARGO — To ensure North Dakota receives as much money as it can from the Purdue Pharma bankruptcy trust, which was created to help pay for a nationwide opioid settlement, West Fargo added its ...

Multnomah County expects a $4.7 million payout as part of a national opioid settlement, officials announced Thursday. That sum, which will be doled out over nine years, is part of a $7.4 billion ...

(Bloomberg) -- Creditors of Purdue Pharma voted in favor of the opioid maker’s proposal to exit bankruptcy and pay billions to communities and individuals who say they were harmed by the company’s ...

US Supreme Court will not hear Purdue appeal in OxyContin patent case The U.S. Supreme Court on Monday declined to take up an appeal by Purdue Pharmaceuticals after the now-bankrupt drugmaker lost a ...

The $7.4 billion settlement plan proposed by OxyContin maker Purdue Pharma and the Sackler family members who own the bankrupt firm has gained nearly unanimous creditor approval. More than 54,000 ...