PP_1170x120_10-25-21

Steve Miller

Purdue Pharma files for Chapter 11 under new settlement

Purdue Pharma files for Chapter 11 under new settlement

STAMFORD, Conn.— Purdue Pharma  announced on Sunday that it has filed for bankruptcy protection under the new agreement the company reached  in principle on a framework for settling the U.S. opioid litigation facing the company with 24 state attorneys general, analogous officials from 5 U.S. territories, the Plaintiffs’ executive committee in the multidistrict litigation (MDL),