Purdue Settlement Talks With Sacklers Extended to November

Sept. 23, 2024, 8:30 PM UTC

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.

An injunction was put in place after Purdue filed Chapter 11 in 2019 and been extended multiple times after the US Supreme Court scuttled a $6 billion deal that would have ...

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