Will Purdue Bankruptcy Filing Resolve 'Unrelenting Chaos' Of Opioid Litigation?

Filing stays litigation but state attorneys general will be battling company's settlement proposal in US bankruptcy court. Details emerge on Purdue finances, rebate expenditures and litigation costs.

Purdue headquarters in Stamford
Purdue Pharma files for Chapter 11 bankruptcy to end opioid litigation

Purdue Pharma LP's filing for bankruptcy to end more than 2,000 lawsuits alleging it bears significant responsibility for the US opioid epidemic will spur a new battle with state attorneys general over whether the company can use this maneuver to implement its proposed settlement plan.

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