The Purdue bankruptcy plan was approved. Will it get derailed by appeals?

A bankruptcy court has approved a settlement to funnel billions of dollars to pay for the harm caused by Purdue Pharma’s OxyContin painkiller, but a key question remains: Will the plan actually be implemented?

After an extraordinary six-hour monologue on Wednesday in which U.S. Bankruptcy Judge Robert Drain took pains to explain his reasons for endorsing the deal, it quickly became apparent that his ruling would be appealed by the U.S. Department of Justice’s Trustee and several state attorneys general over a contentious issue that plagued the case for months.

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The Purdue bankruptcy plan was approved. Will it get derailed by appeals?

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