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State Attorneys General Newsletter – July 2021 | Orrick, Herrington & Sutcliffe LLP

State Attorneys General Newsletter – July 2021 | Orrick, Herrington & Sutcliffe LLP
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Purdue Pharma exit plan gains steam with OK from more states

Purdue Pharma exit plan gains steam with OK from more states Geoff Mulvihill Updated: Tags: Copyright 2020 The Associated Press. All rights reserved FILE - In this Oct. 21, 2020, file photo, Purdue Pharma headquarters stands in Stamford, Conn. In an agreement disclosed late Wednesday, July 7, 2021, in a filing in U.S. Bankruptcy Court in White Plains, N.Y., more than a dozen states have dropped their objections to OxyContin maker Purdue Pharmas reorganization plan, edging the company closer to resolving its bankruptcy case. (AP Photo/Mark Lennihan, File) OxyContin maker Purdue Pharma’s plan to reorganize into a new entity that helps combat the U.S. opioid epidemic got a big boost as 15 states that had previously opposed the new business model now support it.

New yorkUnited statesDistrict of columbiaNorth carolinaWhite plainsWest virginiaCarolyn maloneyBob fergusonJosh steinLetitia jamesMassachusett healeyMark desaulnierMaura healeyPatrick morriseyUs bankruptcy courtPurdue pharma

Vermont remains opposed to Purdue Pharma bankruptcy proposal as more states sign on

Don t miss the big stories. Like us on Facebook. MONTPELIER â Only nine states and the District of Columbia remain opposed to OxyContin maker Purdue Pharmaâs plan to reorganize into a new entity that helps combat the U.S. opioid epidemic, and Vermont is one of them. Vermont Attorney General T.J. Donovan on Thursday said the agreement, filed in federal court, allows the family to walk away from statesâ legal claims against them with billions in assets, while states are still on the hook for the damage caused by opioid addiction. âI do not support the proposed Purdue Pharma bankruptcy plan because it does not sufficiently hold the Sackler family accountable,â Donovan said Thursday in a press release.

New yorkUnited statesDistrict of columbiaNorth carolinaWhite plainsWest virginiaLetitia jamesCarolyn maloneyMark desaulnierMaura healeyJosh steinCharity clarkUs bankruptcy courtPurdue pharmaJustice departmentUs department of justice

Purdue Pharma exit plan gains steam with OK from more states - New Delhi Times - India s Only International Newspaper

Purdue Pharma exit plan gains steam with OK from more states - New Delhi Times - India s Only International Newspaper
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New yorkUnited statesDistrict of columbiaNorth carolinaWhite plainsWest virginiaCarolyn maloneyBob fergusonJosh steinLetitia jamesMassachusett healeyMark desaulnierMaura healeyPatrick morriseyAp photo creditUs bankruptcy court

Purdue Pharma exit plan gains steam with OK from more states

Purdue Pharma exit plan gains steam with OK from more states
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