TBA Law Blog


Posted by: Julia Wilburn on Aug 11, 2023

The U.S. Supreme Court has temporarily halted a bankruptcy arrangement for Purdue Pharma, the manufacturer of OxyContin, which sought to shield the Sackler family from further lawsuits related to the opioid epidemic. This decision, likely to delay compensation to opioid crisis victims, follows an objection by the Justice Department. The deal was set to offer the Sacklers immunity from civil legal disputes in exchange for a significant payout. The Supreme Court's decision to hear the case in December could have broad implications for similar mass tort cases resolved through bankruptcy courts. The New York Times has the story.