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

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Health News

Neil Gorsuch,U.S. News,Business

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 - 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.

Since 2017, drugmakers, wholesalers, pharmacy chains and other businesses have agreed to pay more than $50 billion in settlements with governments that have sued. Most of the money is intended to go toPurdue filed for bankruptcy protection nearly five years ago as a way to settle all the legal claims it was facing.

In exchange, Sackler family members would receive immunity from all past, present and future lawsuits alleging a role in the crisis. Sackler family members said after the Supreme Court ruled that although they believe they would prevail in trials"that a swift negotiated agreement to provide billions of dollars for people and communities in need is the best way forward.”, a mother whose son died from an opioid overdose, in her fight against the earlier settlement. Quinn said it's essential that any new deal give clients like his a say in whether to accept it.

 

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