The threat of litigation looms as Purdue Pharma returns to settlement talks

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OxyContin maker Purdue Pharma, the family that owns it and lawyers for thousands of parties with claims against it are getting ready to work on a new settlement after the U.S. Supreme Court rejected the last one. The previous deal was fueled by up to $6 billion from members of the Sackler family.

FILE - In this Jan. 17, 2019, file photo, a sign with some names of the Sackler family is displayed at the Metropolitan Museum of Art in New York. OxyContin maker Purdue Pharma, the family that owns it and lawyers for thousands of parties with claims against it are getting ready to work on a new settlement after the U.S. Supreme Court rejected the last one. FILE - This Tuesday, May 8, 2007, file photo shows the Purdue Pharma logo at its offices in Stamford, Conn.

Unlike nearly all the other opioid settlements, a piece of the Purdue one — $750 million — would go directly to some people who were addicted to OxyContin and the families of those who died from it. The biggest payouts would have been under $50,000. Most would be far less than that. They have asked that retired U.S. Bankruptcy Judge Shelley Chapman, who helped the parties iron out the previous deal, be appointed to mediate again, along with mediation expert Eric Green.

 

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