The Supreme Court Rejects a Nationwide Opioid Settlement With OxyContin Maker Purdue Pharma

  • 📰 TIME
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The Supreme Court on Thursday rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have shielded members of the Sackler family who own the company from civil lawsuits over the toll of opioids but also would have provided billions of dollars to combat the opioid epidemic.

that would have shielded members of the Sackler family who own the company from civil lawsuits over the toll of opioids but also would have provided billions of dollars to combat blocked an agreement hammered out with state and local governments and victims. The Sacklers would have contributed up to $6 billion and given up ownership of the company but retained billions more.

The older Bisch, who lives in New Jersey, has been speaking out against Purdue and Sackler family members ever since and is part of a relatively small but vocal group of victims and family members who opposed the settlement. He’s now calling on the Department of Justice to seek criminal charges against Sackler family members

The U.S. Bankruptcy Trustee, an arm of the Justice Department, argued that the bankruptcy law does not permit protecting the Sackler family from being sued. During the Trump administration, the government supported the settlement. OxyContin first hit the market in 1996, and Purdue Pharma’s aggressive marketing of it is often cited as a catalyst of the nationwide opioid epidemic, with doctors persuaded to prescribe painkillers with less regard for addiction dangers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 93. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Supreme Court Allows Emergency Abortions in Idaho—For NowThe Supreme Court ruled that Idaho’s near-total abortion ban violates a federal law requiring emergency care for any patient.
Source: TIME - 🏆 93. / 53 Read more »

US Supreme Court to allow emergency abortions in Idaho: ReportThe US Supreme Court is set to allow abortions for women experiencing medical emergencies in Idaho, according to a copy of a verdict briefly posted on its website and seen by Bloomberg News on Wednesday.
Source: medical_xpress - 🏆 101. / 51 Read more »

Supreme Court won't stop Biden leaning on social media giants to tackle disinfoWhite House can get back to asking Facebook and co kindly to bin off what the Feds say is misinformation
Source: TheRegister - 🏆 67. / 61 Read more »

The Supreme Court Seems Poised to Allow Emergency Abortions in Idaho After Document Posted and RemovedThe Supreme Court appears poised to allow emergency abortions in Idaho when a pregnant patient’s health is at serious risk, according to Bloomberg News, which said a copy of the opinion was briefly posted Wednesday on the court's website.
Source: TIME - 🏆 93. / 53 Read more »

The Supreme Court rules for Biden administration in a...The Supreme Court sided with Biden after GOP-led states claimed Democrats in federal government were unconstitutionally censoring conservative social media posts.
Source: DailyMailUK - 🏆 7. / 90 Read more »

The Supreme Court rules for Biden administration in a...The Supreme Court sided with Biden after GOP-led states claimed Democrats in federal government were unconstitutionally censoring conservative social media posts.
Source: DailyMailUK - 🏆 7. / 90 Read more »