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Purdue Says Paying States' Costs Will Help Ch. 11 Estate

By Vince Sullivan ( November 15, 2019, 7:15 PM EST) -- Bankrupt drugmaker Purdue Pharma LP told a New York bankruptcy court Friday that its plan to pay the expenses of state governments participating in a settlement of claims related to Purdue's role in the opioid epidemic is a sound exercise of its business judgment and is essential to the Chapter 11 case. . . .

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