US high court junks opioid settlement

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 24 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 92%

US News

High,Court,Junks

WASHINGTON, D.C. — The US Supreme Court on Thursday rejected Purdue Pharma's $6-billion opioids settlement immunizing the Sackler family, which controlled the drugmaker, from future litigation.

WASHINGTON, D.C. — The US Supreme Court on Thursday rejected Purdue Pharma's $6-billion opioids settlement immunizing the Sackler family, which controlled the drugmaker, from future litigation.In a 5-4 ruling, the judges agreed with the Justice Department which argued that the Sacklers, who earned tens of billions of dollars flooding the country with highly addictive opioids, should not gain sweeping legal protection in the controversial deal.

The 2022 Purdue agreement, suspended since last August, came after years of negotiations involving officials from all 50 US states.It set aside $6 billion for victims of the opioid epidemic from the 2019 bankruptcy of Purdue, which made prescription painkillers like OxyContin.The settlement gave the families of Raymond and Mortimer Sackler protection from all future civil claims, effectively protecting their other assets from opioid-related lawsuits.

 

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:

 /  🏆 2. 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.

Ditch single-use plastics, Supreme Court urges court personnelThe Supreme Court has urged judiciary officials and personnel to avoid using single-use plastics to reduce waste. 
Source: PhilstarNews - 🏆 1. / 94 Read more »

Primacy of privacy: Supreme Court voids BIR rule on professionals to submit appointment booksDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »

Supreme Court sacks dishonest judgeMANILA, Philippines — The Supreme Court has ordered the dismissal and disbarment of a judge for making false certifications and misappropriating staff's salaries.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Biden slams Supreme Court at $28-million fundraiser with Obama, Clooney, Julia Roberts'The fact of the matter is that there has never been a court that is this far out of step,' President Joe Biden says during has been called the 'largest Democratic fundraiser in history'
Source: rapplerdotcom - 🏆 4. / 86 Read more »

The members of the Supreme Court of the PhilippinesALEXANDER Gesmundo is the 27th Chief Justice of the Supreme Court. He first became an Associate Justice on Aug. 14, 2017 and later assumed the position of Chief Justice on April 5, 2021. He leads the Court's reform agenda, particularly, through the Strategic Plan for Judicial Innovations 2022-2027 or the SPJI.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Supreme Court rules in favor of privacy rightsIN the recent case Integrated Bar of the Philippines v.
Source: TheManilaTimes - 🏆 2. / 92 Read more »