With $2,300 Phone Calls, Purdue Runs Up Huge Bankruptcy Tab

One phone call with the Department of Justice: $2,300. Two days at the Ritz-Carlton: $830. Oh, and a lengthy cab ride to and from the court in White Plains, New York -- that’ll be $1,000.

Those are just some of the almost $400 million of fees and expenses racked up by professionals working the bankruptcy of Stamford, Connecticut-based Purdue Pharma LP. The bills add up to more than half the amount that all individuals harmed by OxyContin would share under the drugmaker’s proposed settlement of personal injury claims.

Purdue’s financial woes have turned into a cash machine for the ...