Purdue Closing In On New Ch. 11 Deal With Sackler Family
By Vince Sullivan ( February 1, 2022, 4:15 PM EST) -- A New York bankruptcy judge extended a mediation deadline Tuesday in the Chapter 11 case of Purdue Pharma after the mediator reported the parties were close to a deal that would see members of the Sackler family significantly increase their more than $4.3 billion in payments under the debtor's scuttled plan....
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