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Bankruptcy & Restructuring News Headlines for Monday May 19, 2025

Bankruptcy & Restructuring News Headlines for Monday May 19, 2025 →

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

Purdue Pharma Revises Bankruptcy Plan Following Supreme Court Ruling, Sackler Family Payment Increases to $7 Billion →

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...

Harvest Sherwood Seeks Streamlined Procedures to Sell Assets in Bankruptcy Wind-Down →

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...

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