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Analysis

Purdue's Ch. 11 Plan Hangs On Sackler Liability Question

By Vince Sullivan ( March 16, 2021, 7:35 PM EDT) -- The viability of Purdue Pharma's much anticipated Chapter 11 plan hangs on whether creditors are willing to release the Sackler family from what could be heaps of liability in exchange for their $4.5 billion in contributions that would fund creditor recoveries and opioid abatement programs, experts told Law360....

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