STORY FROM: MDL Mass Tort & Class Action Monitor
N.Y. Bankruptcy Judge Temporarily Stays Lawsuits Against OxyCotin Maker Purdue Pharma
October 15, 2019
NEW YORK — The New York federal judge overseeing Purdue Pharma L.P.’s Chapter 11 bankruptcy proceedings has temporarily stayed legal proceedings filed by 25 states against the OxyCotin maker and its owners, the Sackler family, ruling that continuation of the active litigation “would result in irreparable harm to the debtors and their reorganization.”
In an Oct. 11 order, Judge Robert D. Drain of the U.S. Bankruptcy Court for the Southern District of New York explained that Purdue has agreed to an injunction barring them from marketing opioids or opioid products to health care providers or patients.
Purdue filed a voluntary ...