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ok_cpu

(2,049 posts)
Wed Sep 1, 2021, 05:10 PM Sep 2021

WaPo: Bankruptcy judge approves Purdue Pharma plan to resolve opioid claims, giving Sackler family c

More than two decades after Purdue Pharma launched its blockbuster pain pill OxyContin, preceding a deadly overdose crisis, a judge approved a bankruptcy plan Wednesday that will resolve thousands of lawsuits against the drugmaker and grant sweeping legal immunity to its billionaire owners.

Negotiated until the 11th hour, the final terms of the settlement confirmed by federal bankruptcy Judge Robert D. Drain grant the family that owned Purdue Pharma, the Sacklers, broad protection from future litigation, despite objections from nine states and a branch of the U.S. Justice Department.

The family initially sought relief from any civil litigation whatsoever but Drain objected, shouting at one point over an attorney representing the Sacklers that the family should not be immune to legal claims related to the crisis they are contributing roughly $4.3 million to abate. The final settlement will grant relief specifically for claims related to the opioid epidemic.


https://www.washingtonpost.com/business/2021/09/01/purdue-pharma-bankruptcy-judge-ruling/
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WaPo: Bankruptcy judge approves Purdue Pharma plan to resolve opioid claims, giving Sackler family c (Original Post) ok_cpu Sep 2021 OP
Of course the judge does....that's why they went there. The wealthy are definitely above the law. spanone Sep 2021 #1
This is a Horror! leftieNanner Sep 2021 #2
+1 ck4829 Sep 2021 #7
Looks like big money wins again. Didn't need a crystal ball for this one. Firestorm49 Sep 2021 #3
of course THIS supreme court won't help. pansypoo53219 Sep 2021 #4
Keep in mind it's bankruptcy court fescuerescue Sep 2021 #5
Trump's DOJ let them off the hook leftieNanner Sep 2021 #8
Kick ck4829 Sep 2021 #6

leftieNanner

(15,079 posts)
2. This is a Horror!
Wed Sep 1, 2021, 05:19 PM
Sep 2021

If you want to understand what evil the Sackler family did to this country, you need to read Empire of Pain. It goes all the way back three generations and it reads like a novel.

They get away with the billions of dollars they have squirreled overseas. But to see them escape ANY accountability for what they did is just unconscionable. They all deserve to be in prison.

Firestorm49

(4,030 posts)
3. Looks like big money wins again. Didn't need a crystal ball for this one.
Wed Sep 1, 2021, 05:30 PM
Sep 2021

Thousands dead because of the Sacklers, but their money is safe. That’s all that matters in our capitalist system. Screw the dead.

fescuerescue

(4,448 posts)
5. Keep in mind it's bankruptcy court
Wed Sep 1, 2021, 08:19 PM
Sep 2021

not criminal or civil court.

It's a dollars and cents decision within the bounds of bankruptcy law. And protection from civil liability is precisely what the bankruptcy laws take into account.

While the judge may have very real concerns, he isn't the judge that adjudicates civil suits and certainly not criminal complaints.

leftieNanner

(15,079 posts)
8. Trump's DOJ let them off the hook
Sun Sep 5, 2021, 12:10 PM
Sep 2021

for any Federal criminal charges.

Don't know if Garland can revisit that or not.

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