The Supreme Court is set to hear oral arguments on Dec. 4 over a bankruptcy deal that releases members of the Sackler family, who led Purdue Pharma, from future civil liability related to OxyContin.
Harrington v. Purdue Pharma L.P. is years in the making and could alter precedent for how bankruptcy courts effectively shield third-party non-debtors from onerous litigation. Purdue filed for Chapter 11 bankruptcy in 2019, facing thousands of lawsuits seeking more than $40 trillion. It has already pleaded guilty to federal criminal charges related to the opioid's marketing.
In the years preceding Purdue's bankruptcy, the Sackler family had already taken $11 billion from the company and transferred a significant portion of their wealth overseas, according to the Justice Department's briefing to the Supreme Court.
Read Full Article Here
Supreme Court to Consider Deal Removing Liability From Family Behind Oxycontin Manufacturer
- by: Sam Dorman
- 12.03.23
- Source:
The Epoch Times
- 12/04/2023
Us Supreme Court by dbking is licensed under Creative Commons Creative Commons
Us Supreme Court by dbking is licensed under Creative Commons Creative Commons
Follow us
Read our latest news on any of these social networks!
Get latest news delivered daily!
We will send you breaking news right to your inbox
Have a tip? Let us know!
Recent Articles
- by: MARK SHERMAN
- Source:
Dayton Daily News
- 04/18/2025
Supreme Court keeps hold on Trump’s restrictions on birthright citizenship but sets May arguments
The Supreme Court is keeping a hold on President Donald Trump’s restrictions on birthright citizenship but will hear arguments on the issue in May
- by: John T. Bennett
- Source:
Roll Call
- 04/18/2025
Trump puts Italy’s Meloni in high-pressure role as bridge to EU on tariffs
“America first” met “Italy and Italians first” on Thursday at the White House, with tariffs atop the agenda as President Donald Trump huddled with Italian Prime Minister Giorgia Meloni — suddenly a key European leader who could help close the trans-Atlantic trade chasm.
- by: Jennifer Peltz
- Source:
US Daily Press
- 04/18/2025
Ex-NYPD officer sentenced to 18 months after conviction for helping China stalk an expat
Michael McMahon was convicted in 2023 of contributing to a transcontinental pressure campaign; the tactics ranged from Facebook messages to a threatening note on the man’s door
- by: Associated Press
- Source:
NY Post
- 04/17/2025
Puerto Rico hit with massive island-wide blackout ahead of Easter weekend
An island-wide blackout hit Puerto Rico on Wednesday as the largely Catholic residents of the U.S. territory prepared to celebrate the Easter weekend, officials said.