Purdue’s Owners Protected From Opioid Suits Until February (1)

Purdue Pharma LP won a bankruptcy court order protecting its owners from opioid-related litigation through the month of January as the drug maker pursues additional negotiations over its multibillion-dollar reorganization.

The preliminary injunction creating the litigation shield, which has protected the Sackler family from a tidal wave of lawsuits since Purdue filed for Chapter 11 in 2019, can be extended until Feb. 1, Judge Robert Drain ruled Wednesday.

Representatives for the company and Sackler family should use the month of January to again engage in earnest plan settlement discussions with state and local governments and opioid victims, Drain said during ...