Three top law firms representing Purdue Pharma LP in its bankruptcy will give up a total of $1 million in legal fees as part of a settlement with the Department of Justice.
The firms are Skadden, Arps, Slate, Meagher & Flom LLP, Wilmer Cutler Pickering Hale and Dorr LLP and Dechert LLP. They agreed to resolve claims by the Justice Department’s U.S. Trustee Program that they failed to properly disclose an agreement between Purdue and members of the Sackler family who own Purdue over the defense against lawsuits seeking billions of dollars for death and illness connected to ...
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