Here are the bankruptcy, distressed debt and corporate restructuring stories that we are reading this morning, Monday May 19, 2025.

Purdue Pharma has revised its bankruptcy plan to increase the Sackler family payment to $7 billion and make third-party releases voluntary following a Supreme Court ruling. The new plan creates...

Former food distribution giant Harvest Sherwood Food Distributors seeks court approval for streamlined procedures to sell remaining assets as it winds down operations in bankruptcy. The motion would allow the...