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Purdue Pharma Files New $7.4B Ch. 11 Plan Settlement

By Rick Archer ( March 19, 2025, 10:21 AM EDT) -- Bankrupt OxyContin maker Purdue Pharma LP filed a new Chapter 11 plan in a New York bankruptcy court, including a $6. 5 billion payment from members of the Sackler family who own the company and $900 million from the debtor, that aims to compensate thousands of creditors for damages from opioid sales. . . .

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