Supreme Court to hear Purdue Pharma settlement case that shields Sackler family
Headline from NBC10 Philadelphia
The Supreme Court is hearing arguments over a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company from civil lawsuits over the toll of opioids.
NBC10 Philadelphia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Supreme Court is hearing arguments over a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company from civil lawsuits over the toll of opioids.
By Samantha Delouya and Devan Cole, CNN (CNN) — The Supreme Court spent nearly two hours Monday morning grappling with whether federal bankruptcy code permits a controversial agreement that would give billions of dollars to victims of the opioid epidemic while protecting members of the Sackler famil…
The issue for the justices is whether the legal shield that bankruptcy provides can be extended to people such as the Sacklers, who have not declared bankruptcy themselves.
The US Supreme Court signaled a likely divide over Purdue Pharma LP’s $6 billion opioid settlement, as the justices weighed Biden administration contentions that the accord improperly shields the Sackler family members who own the company.
The Supreme Court will hear arguments Monday morning over the legality of an almost $6 billion bankruptcy settlement involving Purdue Pharma, the manufacturer of the medication OxyContin that has spurred the deadly opioid epidemic.
The Supreme Court held its first oral argument regarding a $6 billion settlement between Purdue Pharma, the Sackler family and victims of the opioid crisis.
The Purdue Pharma bankruptcy plan would allocate billions of dollars to help ease the nation’s opioid crisis, but shield the Sackler family from future lawsuits.
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