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Purdue says most creditors voted in favor of contentious bankruptcy plan – Boston, Massachusetts

Boston, Massachusetts 2021-07-27 09:05:53 –

NSWith Purdue Pharma’s apparent victory, preliminary votes show that most creditors are in favor of their controversial bankruptcy plan. ..

More than 95% of the more than 120,000 votes submitted were in favor of the bankruptcy proposal, and nearly 97% of creditors in about 5,000 state and local governments voted to accept the plan. statement Issued by the company that quoted Submission to court.. The final tally will be published by August 2, prior to a hearing scheduled by the US Bankruptcy Court to confirm the proposal.

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Purdue says most creditors voted in favor of contentious bankruptcy plan Source link Purdue says most creditors voted in favor of contentious bankruptcy plan

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