Coppell council votes to accept latest Purdue Pharma Chapter 11 reorganization plan

The Coppell City Council on Sept. 9 voted to accept the thirteenth amended joint Chapter 11 plan of reorganization for Purdue Pharma in the company’s bankruptcy, authorizing the mayor to cast the city’s acceptance ballot.
Background: Purdue Pharma and related entities were defendants in litigation tied to the marketing and sale of opioid prescriptions. As part of nationwide settlements, municipalities were allocated funds to support addiction recovery, treatment and prevention. The city’s estimated allocation is a tranche based on population; staff said that prior to the bankruptcy filing the city expected roughly $60,000–$70,000, a figure that will be reduced under the reorganization terms.
Staff recommendation and rationale: City Attorney Robert Hager recommended approving the plan and casting Coppell’s vote in favor, noting the administrative and legal costs associated with continued reorganization rounds and saying that rejecting the amendment would likely delay and reduce recoveries. “I would recommend that we approve and we authorize the mayor and the manager to exercise our franchise to vote for this and get this portion of this over with,” Hager said.
Council action: Councilmember Hill moved to approve the city ballot accepting the most recent amended plan; the motion passed unanimously.
Next steps: If the plan receives sufficient acceptance by the creditor and affected parties, distributions proceed under the agreed terms; the city will receive its share and follow funding rules tied to opioid‑response programs. Hager noted related settlements with pharmacies and other manufacturers are expected to follow, which could produce additional funds to support local treatment and prevention efforts.
Ending: Council authorized the mayor to execute the city’s ballot accepting the Thirteenth Amended Joint Chapter 11 Plan.