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Supreme Court blocks Purdue Pharma opioid settlement
The justices ruled that a bankruptcy judge did not have the authority to let members of Sackler family evade facing future lawsuits.
WASHINGTON — The Supreme Court on Thursday blew up the massive bankruptcy reorganization of opioid maker Purdue Pharma, finding that the settlement inappropriately included legal protections for the Sackler family, meaning that billions of dollars secured for victims is now threatened. A pharmacist holds prescription painkiller OxyContin, made by Purdue Pharma, at a local pharmacy in Provo, Utah, on April 25.George Frey / Reuters fileThe ruling means settlement talks would have to begin again, with the possibility of no deal being reached. In a brief filed on behalf of the relatives of Mortimer Sackler, most of whom are based overseas, lawyers warned of “significant litigation costs and risks” in seeking to enforce any foreign court judgments against the family if the settlement were thrown out.
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