The Sunny Side of Bankruptcy
After Hours
The Problems With Bankruptcy
Purdue Pharmaceuticals, which makes OxyContin, filed for bankruptcy. The creditors of Purdue agreed to turn the whole company over to the creditors. Felix: This feels like a really great story, but there are two problems with it. He says you're getting away from jury trials because bankruptcies are judges. And then finally, I think it doesn't really provide the sense of justice that some of these people are looking for.
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