February 17, 2026
A Delaware bankruptcy judge approved an agreement on the sale of some of e-commerce company Food52 Inc.'s assets to America's Test Kitchen, a Texas judge allowed Saks Global to start closing nine stores, and a New Jersey judge put the retail operator of outdoor clothing brand Eddie Bauer on track for a March auction.
February 12, 2026
A New York bankruptcy judge on Thursday denied motions by personal injury claimants in the Purdue Pharma LP case to stay the opioid maker's Chapter 11 plan, ruling that delaying the deal would be far too costly given the movants are not likely to succeed in an appeal.
December 18, 2025
Former bankruptcy Judge Shelley C. Chapman mediated a $7.4 billion settlement in the Chapter 11 case of Purdue Pharma that received court approval last month. She spoke with Law360 about the pressure she faced to reach a deal and the 18-hour mediation sessions that came with renewed negotiations after the U.S. Supreme Court threw out a critical element of the agreement. She also discussed the role of nonmonetary relief for creditors, including the removal of the Sackler name from buildings and institutions.
December 17, 2025
Former U.S. Bankruptcy Judge Shelley C. Chapman oversaw the most complex mediation she has seen to date as she guided settlement negotiations in the Chapter 11 case of OxyContin maker Purdue Pharma, and those efforts resulted in a $7.4 billion deal confirmed by a New York court last month.
November 24, 2025
A judge provided his reasons for approving Purdue's revised Chapter 11 plan, and Yellow Corp. and business internet service provider Everstream Solutions both obtained confirmation for their bankruptcy plans.
November 18, 2025
A New York bankruptcy judge gave a bench ruling Tuesday explaining his decision to confirm Purdue's $7.4 billion Chapter 11 plan, which transforms the pharmaceutical giant into a public benefit company, ruling that liability releases fully comply with new restrictions imposed by the U.S. Supreme Court last year.
November 17, 2025
Purdue Pharma secured a judge's approval of its new bankruptcy plan. The U.S. Supreme Court won't review a ruling regarding the Serta Simmons Chapter 11 plan. And solar panel company Sunnova also got a court's permission to implement a bankruptcy plan.
November 14, 2025
A New York bankruptcy judge agreed to confirm the $7.4 billion Chapter 11 plan of Purdue Pharma LP on Friday, saying he would issue a formal bench ruling next Tuesday explaining his decision.
November 13, 2025
A New York bankruptcy judge heard statements from more than a dozen opioid personal injury claimants objecting to the Chapter 11 plan of OxyContin maker Purdue Pharma Thursday as the pro se objectors shared concerns about their recoveries, the lack of criminal prosecution of the company's owners and faults in the system that allowed the opioid crisis to occur in the first place.
November 12, 2025
Bankrupt OxyContin maker Purdue Pharma began its Chapter 11 confirmation trial Wednesday with an overview of its latest plan and the myriad settlements that underpin the proposal, including a $6.5 billion commitment from the company's owners.