Supreme Court's Role in Opioid Settlements and Relief for Victims
The Supreme Court is set to hear arguments regarding a controversial aspect of Purdue Pharma's bankruptcy plan, which would shield the Sackler family from future lawsuits in exchange for their contribution of up to $6 billion and relinquishing control of the company. Families of opioid overdose victims are divided over the settlement, with some supporting it as a means to provide funding for addiction treatment and compensation to victims, while others oppose it, arguing that the Sacklers should not be granted immunity and that the settlement does not adequately hold them accountable. The outcome of the case has broader implications for bankruptcy law and the use of third-party releases in settlements.
- As high court weighs Purdue bankruptcy, opioid settlement divides victims The Washington Post
- At Core of Purdue Pharma Case: Who Can Get Immunity in Settlements? The New York Times
- How will the Supreme Court reshape US opioid epidemic relief? Yahoo Finance
- Fate of Billions for Opioid Victims From Sacklers Rests With Supreme Court The New York Times
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