The Damage Report
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Supreme Court SPLIT Over High-Stakes Criminal Purdue Bombshell
Posted
December 11, 2023
Views
15,394
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856
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December 11, 2023
15,394
856
115
6.31%
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7:00Now PlayingSupreme Court justices are reportedly divided over bankruptcy settlement for Purdue Pharma, which many are outraged at for protecting the Sackler family from legal consequences after extremely dangerous opioid epidemic boomed. John Iadarola and Viviana Vigil break it down on The Damage Report.
Read more here:
Supreme Court Appears Split Over Opioid Settlement for Purdue Pharma
"The Supreme Court justices seemed divided on Monday over a fiercely contested bankruptcy settlement for Purdue Pharma that would funnel billions of dollars into addressing the opioid epidemic in exchange for shielding members of the wealthy Sackler family from related civil lawsuits.
The U.S. Trustee Program, an office in the Justice Department, had challenged the deal for Purdue, the maker of the prescription painkiller OxyContin. It said the agreement violated federal law by guaranteeing such wide-ranging legal immunity for the Sacklers, who once controlled the company, even though they themselves had not declared bankruptcy.
Questions from the justices reflected why the deal has drawn intense criticism in a dispute that pits money against principle. Under debate was the practical effect of unraveling the agreement, painstakingly negotiated for years for victims and families who have urgently sought settlement funds, and broader concerns over whether releasing the Sacklers from liability would free them from further scrutiny over their role in the opioid crisis."
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