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Billionaire Sackler Family Hit By New $7 Billion Bankruptcy Plan For Victims Of Opioid Crisis

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March 19, 2025

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Purdue Pharma submitted a new bankruptcy plan Tuesday, which will give its creditors more than $7.4 billion in cash—including up to $7 billion in payments from the billionaire Sackler family—to help compensate the victims of the opioid crisis nine months after the Supreme Court struck down the company’s previous settlement plan.

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Billionaire Sackler Family Hit By New $7 Billion Bankruptcy Plan For Victims Of Opioid Crisis · Forbes · Sentinel