Purdue’s massive opioid settlement is tangled in a bankruptcy court fight - News Summed Up

Purdue’s massive opioid settlement is tangled in a bankruptcy court fight


Purdue Pharma’s massive settlement over claims that it helped spark the opioid crisis is facing pushback in federal court, creating a potential stumbling block for the landmark deal. They’re asking U.S. Bankruptcy Judge Robert Drain to hold off on approving the settlement until creditors have a chance to vote on a bankruptcy plan. Members of the Sackler family deny they did anything illegal or unethical in connection with the marketing of Purdue’s products. A representative for the Raymond Sackler family didn’t immediately respond to a request for comment. The case is Purdue Pharma, 19-23649, U.S. Bankruptcy Court for the Southern District of New York (White Plains).


Source: Los Angeles Times November 12, 2020 00:04 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */