Sacklers Say No Chapter 11 Bankruptcy Deal Without Injunction Extension

opioid settlement deal

Members of the Sackler family have told the New York bankruptcy court that they will pull back on the proposed $4.28 billion opioid settlement deal if the litigation injunction granted in the Chapter 11 bankruptcy case of Purdue Pharma isn’t extended. In the court filing, the entire family of Raymond Sackler, a descendant of one […]

OxyContin Maker Sued for a Staggering $40 Trillion

Opioid lawsuits

OxyContin maker, Purdue Pharma, is staring at one of the biggest legal claims in the United States history. In an opioid lawsuit filed by an undisclosed party, the company could be forced to pay up to $40 trillion in damages for its role in fueling the opioid crisis in the country. The amount is almost […]

Connecticut AG Vows to Continue Opioid Litigation Against Purdue Pharma

William Tong

Connecticut Attorney General, Mr. William Tong, has said that Purdue Pharma’s restructuring plan submitted in a New York bankruptcy court isn’t good enough and won’t be accepted. Instead, he has promised to continue pursuing the state’s opioid litigation against the drug manufacturer. The declaration comes after Purdue Pharma has offered to pay approximately $4.28 billion […]