Article [this was announced June 27th, 2024]
The US Supreme Court on Thursday rejected Purdue Pharma’s $6 billion opioids settlement immunizing the Sackler family, which controlled the drugmaker, from future litigation.
In a 5-4 ruling, the judges agreed with the Justice Department which argued that the Sacklers, who earned tens of billions of dollars flooding the country with highly addictive opioids, should not gain sweeping legal protection in the controversial deal.
The court held that “the bankruptcy code does not authorize this kind of order,” with the majority opinion written by Neil Gorsuch and joined by Clarence Thomas, Samuel Alito, Amy Coney Barrett and Ketanji Brown Jackson.
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