Page 49 - Robert Drain News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Sacklers, the family that founded OxyContin-maker Purdue Pharma, are estimated to be worth $11 billion.

The Sacklers, the family that founded OxyContin-maker Purdue Pharma, are estimated to be worth $11 billion.

$2,300 Phone Call. $1,000 Cab Ride. Purdue Runs Up $400M Bankruptcy Tab. By Jeremy Hill and Dawn McCarty | May 12, 2021 One phone call with the Department of Justice: $2,300. Two days at the Ritz-Carlton: $830. Oh, and a lengthy cab ride to and from the court in White Plains, New York — that’ll be $1,000. Those are just some of the almost $400 million of fees and expenses racked up by professionals working the bankruptcy of Stamford, Connecticut-based Purdue Pharma LP. The bills add up to more than half the amount that all individuals harmed by OxyConti...

With $2,300 Phone Calls, Purdue Runs Up Huge Bankruptcy Tab By Jeremy Hill and Dawn McCarty | May 12, 2021 One phone call with the Department of Justice: $2,300. Two days at the Ritz-Carlton: $830. Oh, and a lengthy cab ride to and from the court in White Plains, New York — that’ll be $1,000. Those are just some of the almost $400 million of fees and expenses racked up by professionals working the bankruptcy of Stamford, Connecticut-based Purdue Pharma LP. The bills add up tomore than half the amount that all individuals harmed by OxyContin would share ...

Under a bankruptcy procedure prohibited by courts in part of the country, the Sacklers could be sheltered from opioid lawsuits even without declaring bankruptcy. Some states are crying foul.