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Supreme Court overturns opioid settlement with Purdue Pharma that shielded Sacklers

Summary by OPB
After the Supreme Court struck down a controversial bankruptcy plan from Purdue Pharma, the maker of OxyContin, those who sued the drug company were left uncertain about when promised funds would be available to combat addiction and other damage from the ongoing drug epidemic.The ruling upended a carefully-crafted settlement worth roughly $8 billion, and involving the Sackler family, which owns Purdue, and all the individuals, states and local g…

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nprnpr

Supreme Court overturns opioid settlement with Purdue Pharma that shielded Sacklers

Relatives of overdose victims felt uncertainty and frustration after the Supreme Court overturned a controversial settlement with Purdue. It could delay funds for communities battling addiction.

·Washington, United States
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OPBOPB

Supreme Court overturns opioid settlement with Purdue Pharma that shielded Sacklers

After the Supreme Court struck down a controversial bankruptcy plan from Purdue Pharma, the maker of OxyContin, those who sued the drug company were left uncertain about when promised funds would be available to combat addiction and other damage from the ongoing drug epidemic.The ruling upended a carefully-crafted settlement worth roughly $8 billion, and involving the Sackler family, which owns Purdue, and all the individuals, states and local g…

·Portland, United States
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Mother JonesMother Jones

Why the Supreme Court blew up the Purdue opioid settlement

When the Supreme Court ruled Thursday that members of the Sackler family can’t be shielded from future lawsuits related to the opioid crisis, the justices threw into question a massive, carefully crafted settlement involving the states, local governments, tribes, and individuals that had sued flagship opioid maker Purdue Pharma. The the 5-4 ruling jeopardizes a bankruptcy plan for Purdue that would have released billions of dollars to combat the…

·United States
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Sackler FamilySackler Family
Purdue PharmaPurdue Pharma
OpioidsOpioids

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