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OxyContin Maker Mulls Bankruptcy

April 16, 2019

Purdue Pharma, the maker of OxyContin, is considering filing for bankruptcy amidst a myriad of lawsuits blaming the company for fueling the nation’s opioid epidemic.  Cities and states, including Massachusetts, fear that their ability to recover damages will be greatly delayed and reduced if the drug maker files for relief.  This comes on the heels of a recent $270 million settlement between Purdue and the state of Oklahoma.

 

The Washington Post Article

 

PBS Article

Curran Antonelli represents a broad range of businesses and corporate entities, private equity funds, as well as governmental agencies and other interested parties in all phases of the bankruptcy process and in bankruptcy related transactions and litigation.  As advocates and trusted business advisors, our well-established foundation of knowledge and understanding of our clients’ business interests, enables our attorneys to deliver unparalleled individualized attention to our clients of all sizes with their litigation and corporate transactional needs.

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