Purdue Pharma L.P.

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Case overview

Case Number:

7:19-bk-23649

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

June 23, 2020
Purdue Gets OK For $6.5M Investment In Overdose Drug

A New York bankruptcy judge gave Purdue Pharma permission Tuesday to invest $6.5 million in a company working on an over-the-counter opioid-overdose drug, saying that keeping the development effort going was an appropriate use of the opioid-maker's money.
June 23, 2020
Purdue Wants Sackler Claims To Stay Blocked By Ch. 11

Purdue Pharma LP is asking a New York federal judge not to overturn an order keeping creditors from going after its former president, saying the judge overseeing its Chapter 11 case was right to rule that the claims would disrupt its reorganization.
June 03, 2020
Purdue's Ch. 11 Claim Deadline Bumped 30 Days For Virus

A New York bankruptcy judge Wednesday granted Purdue Pharma's COVID-19-inspired request to give its creditors an extra month to file their Chapter 11 claims against the company, rejecting calls for more time and no extension by two sets of states.
May 20, 2020
States Join Bid For Virus Delay In Purdue Pharma Bankruptcy

Two dozen states and the District of Columbia have joined calls for a New York federal court to push back the cutoff date for filing claims in the bankruptcy of Purdue Pharma LP, citing the obstacles created by the ongoing COVID-19 pandemic.
May 01, 2020
Purdue Creditors Get OK For Sackler Bank Subpoenas

A New York bankruptcy judge told creditors of OxyContin maker Purdue Pharma on Friday that they can directly collect bank account information connected with the Sackler family, which owns the company.
April 30, 2020
NY AG Slams Sacklers' Tepid Financial Info Disclosures

New York's attorney general told a U.S. bankruptcy court that the Sackler family, owners of Purdue Pharma LP, have slow-rolled and resisted discovery requests into their financial information.
April 22, 2020
Decision To Include Purdue In NY Opioid Trial Not Yet Ripe

A New York bankruptcy judge on Wednesday delayed ruling on a bid by co-defendants in the state's suit against opioid manufacturers and distributors to include bankrupt OxyContin maker Purdue Pharma LP on the verdict form, saying it was too early to decide the issue.
April 16, 2020
Purdue Says Ch. 11 Stay Can't Be Lifted For NY Opioid Trial

Purdue Pharma LP on Wednesday asked a New York bankruptcy judge to reject a bid by pharmaceutical companies and pharmacies who are co-defendants in the New York opioid trial to include the OxyContin maker on the verdict form, saying that it could upset negotiations for a global settlement.
April 08, 2020
NY AG Seeks Additional Sackler Family Financial Info

The New York attorney general on Tuesday asked a bankruptcy court to resume discovery into the finances of the Sackler family, who owns Purdue Pharma LP, saying that her office has already unearthed important information about money transfers the family has made.
March 18, 2020
Purdue, Sacklers Keep Opioid Suit Shield For 6 More Months

A New York bankruptcy judge agreed on Wednesday to extend an injunction halting opioid lawsuits against Purdue Pharma LP for a further 180 days, dismissing arguments that the stay should not extend to the family that owns the drugmaker.

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