Judge approves Purdue Pharma bankruptcy plan

Source: United Press International

“Federal bankruptcy Judge Robert Drain approved a bankruptcy settlement Wednesday requiring the Sackler family to pay $4.3 billion and forfeiting ownership of Purdue Pharma …. but will be given immunity from any future lawsuits While 15 states signed on to the bankruptcy agreement, other states refused, saying the Sackler family should be held responsible beyond the deal in some shape. … House oversight committee Chairwoman Rep. Carolyn Maloney, D-N.Y., asked U.S. Attorney General Merrick Garland to reject the bankruptcy deal. There have been some reports indicating that the Department of Justice may get involved.” (09/01/21)