A federal court ruling has cleared the way for OxyContin maker Purdue Pharma to settle thousands of legal claims over the toll of opioids
FILE - Jayde Newton helps to set up cardboard gravestones with the names of victims of opioid abuse outside the courthouse where the Purdue Pharma bankruptcy is taking place in White Plains, N.Y., on Aug. 9, 2021. A three-judge panel of the 2nd U.S.
Those protections are at the heart of the proposed deal that would end claims against Purdue filed by thousands of state, local and Native American tribal governments and other entities. “The Sackler families believe the long-awaited implementation of this resolution is critical to providing substantial resources for people and communities in need," family members who own Purdue said in a statement Tuesday."We are pleased with the Court’s decision to allow the agreement to move forward and look forward to it taking effect as soon as possible.”
The Justice Department has not immediately said whether it would appeal Tuesday's ruling to the U.S. Supreme Court. A spokesperson declined comment Tuesday. All three federal appeals judges who heard the Purdue case last year agreed that the Sackler family can be protected from lawsuits. But one — Richard Wesley — said in a separate opinion that he did so reluctantly, noting that while courts allow such deals they're not explicitly allowed under bankruptcy law.
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