Purdue Pharma Mediator to Provide Settlement Update by Friday

A court-appointed mediator will soon shed fresh light on the status of talks between members of the Sackler family and states opposing Purdue Pharma LP’s sweeping opioid settlement.

U.S. Bankruptcy Judge Shelley Chapman, who is overseeing the talks, will file a report no later than Friday providing her outlook on the mediation, a lawyer for Purdue said during a virtual court hearing Thursday. In two recent reports, Chapman said the Sacklers and states were making substantial progress toward a larger settlement.

The court-ordered mediation was scheduled to expire yesterday. Chapman might request additional time for talks, Purdue’s ...