Legal
Purdue Settlement Talks With Sacklers Extended to November
- Purdue said its made progress in deal talks with its owners
- Talks are supported by most Purdue creditors and states
Purdue Pharma’s former headquarters in Stamford, Connecticut in 2019.
Photographer: Drew Angerer/Getty ImagesThis article is for subscribers only.
Purdue Pharma LP said its making progress in settlement talks with members of the Sackler family who own the company and won another extension of a breathing spell that’s shielded the family from civil lawsuits for years.
Judge Sean Lane said Monday he’d extend through Nov. 1 an injunction that has paused suits against the Sacklers in order to continue facilitating talks with states, opioid victims and other creditors.