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In our last quarterly update, we discussed the Purdue bankruptcy, University of Michigan sexual abuse, the Paraquat MDL, the Paragard MDL, and Pornhub and MindGeek sexual abuse. This edition discusses the Purdue bankruptcy, the Boy Scouts of America bankruptcy, the Phillips Respironics CPAPs recall, and Tony Lazzaro sexual abuse.
Purdue Bankruptcy Court Approves Proposed Plan of Reorganization
On Sept. 1, 2021, Judge Robert Drain verbally approved Purdue’s Proposed Plan of Reorganization. The plan is valued at approximately $10 billion, including approximately $750 million earmarked for individual opioid users. The plan is controversial.
