Manhattan Federal Judge Delays Ruling on Stay in Purdue Pharma Bankruptcy Appeal
"There's never been a case like this before," said U.S. District Judge Colleen McMahon. "There's no case that has facts like this."
October 12, 2021 at 06:09 PM
2 minute read
After signaling in a written order that she would stay the implementation of Purdue Pharma's $4.3 billion bankruptcy settlement pending appeal, U.S. District Judge Colleen McMahon of the Southern District of New York on Tuesday declined to issue a ruling from the bench at the end of oral arguments, saying she expected to issue her decision Wednesday.
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