1y ago

US Supreme Court to scrutinize Purdue Pharma bankruptcy settlement

www.reuters.com US Supreme Court to scrutinize Purdue Pharma bankruptcy settlement

The U.S. Supreme Court on Thursday agreed to hear a challenge by President Joe Biden's administration to the legality of OxyContin maker Purdue Pharma's bankruptcy settlement that would shield its wealthy Sackler family owners from lawsuits over their role in the country's opioid epidemic.

The court also paused bankruptcy proceedings concerning Purdue and its affiliates and said in a brief order that it would hold oral arguments in December in the administration's appeal of a lower court's ruling upholding the settlement. The court's new term begins in October.

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Purdue better hurry up and give Clarence a trip to Bora Bora and box seats at the next championship game. Tick-tock, Purdue.
- Given a number of decions over the recent years I imagine Purdue will be award for damage done by their bankruptcy and be made into a monopoly over whatever makes sense. Sorry I dunno exactly what Purdue makes or can make, besides opioids that they didn't care they oversold and understated the addiction effects of while pocketing billions. Any person in jail for selling heroin either looks in awe, is extremely pissed or both at their position. Just have to be rich before you lie to sell your drugs I guess.
- 🤣😂🥰
- Come on, just a trip to bora bora, he needs a cruise all around the mediterranean sea.