Bloomberg Law

Purdue Pharma Deal Gets Court Blessing, Protecting Sacklers

A panel of judges has approved Purdue Pharma LP’s $6 billion opioid settlement proposal, reversing a lower court’s decision and protecting the company’s billionaire owners from future lawsuits.

J&J’s $8.9 Billion Talc Deal Faces Key Test in Oakland Trial

Johnson & Johnson’s first jury trial in nearly two years over allegations that its talc-based baby powder causes cancer could influence plaintiffs weighing the $8.9 billion settlement offer put forth by the company last month.

US Bankruptcy Tracker: Troubled Debt Pile Shrinks Slightly

US insolvency courts remained busy while the pile of distressed debt contracted for a third straight week, according to data compiled by Bloomberg.

‘Screwed by Stitches’: Knitters Get Ghosted in Ultimate Betrayal

Most knitters saw no hint the relationship was in serious trouble. A few of them, now that they think about it, say there were recent warning signs they missed. But in the end, all of them suffered the ultimate betrayal — they got ghosted.

Bankman-Fried Points to Law Firm Advice as FTX Fraud Defense

FTX co-founder Sam Bankman-Fried is laying the groundwork for a defense that argues he relied upon the advice of a prominent Silicon Valley law firm in taking many of the actions for which he is now facing fraud charges.


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Michael Broyde
Emory University School of Law
Jennifer Kennedy Park
Cleary Gottlieb Steen & Hamilton

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