Mar 21, 03:33 PM

Purdue Pharma Bankruptcy Fees Reach $246 Million for Davis Polk, Exceeding $250 Million Amid $7 Billion Sackler Family Plan

Purdue Pharma's bankruptcy proceedings have led to substantial fees for the law firm Davis Polk, surpassing $250 million. A U.S. bankruptcy judge has approved $246 million in fees to date for Davis Polk's legal work related to Purdue Pharma's bankruptcy case. The firm has been engaged in this high-profile case, which includes a bankruptcy plan that could involve up to $7 billion from the Sackler family, the owners of Purdue Pharma. Additionally, a separate report indicates that Haynes and Boone has seen strong demand in litigation and energy sectors, with their PEP program breaking $1.5 million.

#Purdue Pharma #Davis Polk #Sackler #Haynes #Boone

Written with ChatGPT (GPT-4o mini).

Sources

Reuters Legal@ReutersLegal
2 years ago
A US bankruptcy judge in White Plains, New York has approved $246 million so far for Davis Polk lawyers for their work in Purdue Pharma's bankruptcy case, @DaveThomas5150 and @MikeScarcella write in this week's Billable Hours report https://t.co/1RmBoPdT0x https://t.co/FLdiytW9QC
Austin Kellerman@AustinKellerman
2 years ago
OxyContin maker files bankruptcy plan, including up to $7B from Sackler family https://t.co/vr5cUI1Po5 https://t.co/rnXJaHGqiP
Texas Lawyer@TexasLawyer
2 years ago
ICYMI. PEP Breaks $1.5M at Haynes and Boone Amid Strong Demand in Litigation, Energy https://t.co/4xQ7BYDuSG https://t.co/agdoqOYOAd

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