Bankrupt Purdue Buys Time to Advance $7.4 Billion Opioid Deal
U.S. Bankruptcy Judge Sean Lane, who is overseeing Purdue's Chapter 11 proceedings, said the company is making concrete ...
Four million people face huge council tax rises
More than four million people face huge council tax rises after eight bankrupt town halls asked for permission to raise bills ...
More than $100 million expected in Mass. from $7.4 billion settlement with Purdue Pharma, Sacklers
OxyContin maker Purdue Pharma and its owners agreed to pay up to $7.4 billion in a new settlement, officials in Mass. and ...
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Purdue Pharma, Sacklers reach $7.4B national opioid settlement
Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits ...
Texas, other states reach $7.4 billion deal with Purdue Pharma over opioids crisis
Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement with Texas and 14 other states to ...
Purdue Pharma, Sackler family owners agree to landmark $7.4B opioid settlement
The latest settlement is meant to address a drug addiction crisis that has led to over 700,000 opioid overdose deaths in the US over the past two decades.
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Bankruptcy filings are on the rise — what mid-market firms need to know
There are many idiosyncratic causes that individual firms might point to as precipitating factors of bankruptcy.