The attorney general says she is weighing whether to sue Gov. Katie Hobbs and the Republican-controlled Legislature over an allegedly illegal diversion of funds.

Introduction - Chief Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York (“Court”) issued ...

Jonathan Randles covers bankruptcy and corporate restructuring for WSJ Pro and The Wall Street Journal.

Justin Winerman of BCLP explains that nonconsensual third-party releases remain available under Chapter 15, despite the ...

The U.S. Virgin Islands is expected to receive nearly $1.6 million from a $7.4 billion settlement with Purdue Pharma and its ...

Attorney General Gordon C. Rhea announced Wednesday afternoon that a $7.4 billion settlement reached with Purdue Pharma and ...

A $7.4 billion settlement reached with Purdue Pharma and its owners, the Sackler family, became legally effective last week.

Marc Kesselman has taken the reins of Knoa Pharma LLC, a public benefit corporation owned by the Knoa Foundation, a newly formed nonprofit. With the collapse of Purdue Pharma in the rear view, Marc ...

Purdue Pharma said on Friday that it has ceased operations and concluded its bankruptcy, re-emerging as a nonprofit focused ...

Minnesota will receive $59 million from a settlement with Purdue Pharma and its owners, the Sackler family, stemming from their role in fueling the opioid crisis in the U.S. The terms of the national ...

The settlement resolves nearly a decade of litigation and will release more than 30 million documents about the company's opioid business.