Purdue Pharma filed for bankruptcy. What does it mean for lawsuits against the opioid manufacturer?
Purdue Pharma filed for bankruptcy. What does it mean for lawsuits against the opioid manufacturer?
by Andrew Joseph
Sep 16, 2019
3 minutes
An earlier version of this story was originally published on March 4, 2019. It has been updated to reflect Purdue’s Chapter 11 bankruptcy filing.
Purdue Pharma on Sunday filed for Chapter 11 bankruptcy, part of a deal to settle thousands of lawsuits alleging the company misled doctors and the public as it promoted its opioid painkillers, including its blockbuster OxyContin, and helped ignite the opioid epidemic.
So what happens now?
A bankruptcy filing should freeze the lawsuits against the drug maker and likely result in the claims being shifted into bankruptcy court, according to legal experts. Such
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