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Purdue Pharma L.P., formerly the Purdue Frederick Company (1892–2019), was an American privately held pharmaceutical company founded by John Purdue Gray. It was sold to Arthur , Mortimer , and Raymond Sackler in 1952, and then owned principally by the Sackler family and their descendants.
Purdue argued—and the bankruptcy court and 2nd Circuit agreed—that three key sections of the bankruptcy code, taken together, authorize a bankruptcy court to grant such releases: sections 105 ...
Purdue’s lawyer said the net worth of the “small number” Sackler family members who served as directors and officers in the company in the US is roughly $1.2 billion. A decision in the case ...
WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday agreed to hear a challenge by President Joe Biden's administration to the legality of OxyContin maker Purdue Pharma's bankruptcy settlement ...
Paul Gardner Allen (January 21, 1953 – October 15, 2018) was an American businessman, computer programmer, researcher, investor, film producer, explorer, and philanthropist. He is best known for co-founding Microsoft Corporation with his childhood friend Bill Gates in 1975, which helped spark the microcomputer revolution of the 1970s and 1980s.
The Sackler family is an American family who owned the pharmaceutical company Purdue Pharma and later founded Mundipharma. Purdue Pharma, and some members of the family, have faced lawsuits regarding overprescription of addictive pharmaceutical drugs, including OxyContin.
Supreme Court justices appeared divided over Purdue Pharma’s bankruptcy deal Monday, questioning whether it can immunize the Sackler family from civil lawsuits for their role in the opioid crisis.
Exchange Server was an entirely new X.400-based client–server mail system with a single database store that also supported X.500 directory services. During its development, Microsoft migrated their own internal email from a Xenix-based system to Exchange Server from April 1993, with all 32,000 Microsoft mailboxes on Exchange by late 1996.