https://www.nytimes.com/2023/12/03/health/sacklers-supreme-court.html https://www.nytimes.com/2023/12/03/us/politics/oxycontin-supreme-court-purdue-sacklers.html https://www.wsj.com/finance/purdue-settlement-supreme-court-90954f52 For years, Purdue Pharma, the maker of the prescription painkiller OxyContin, had been entangled in lawsuits seeking to hold it to account for its role in the spiraling opioid crisis.
A pathbreaking settlement reached last year appeared to signal the end to thousands of those cases, funneling billions of dollars toward fighting the epidemic in exchange for exempting members of the billionaire Sackler family, which once controlled the company, from civil lawsuits.
But on Monday, the Supreme Court will hear arguments over whether the agreement is a violation of federal law in a case that could have ramifications not just for Purdue but also for organizations that turn to bankruptcy court, as the company did, to resolve claims of mass injury.
“There’s huge implications for all of corporate bankruptcy,” said Anthony J. Casey, a law professor at the University of Chicago. “I think this is probably the most important bankruptcy case before the court in 30, maybe 40 years.”
The question before the justices is whether a legal maneuver in the settlement agreement can give the Sackler family the kind of wide-ranging legal protection it has demanded for years: full immunity from civil lawsuits related to a devastating public health crisis.
The tactic, part of Purdue’s fiercely contested bankruptcy restructuring, has figured in any manner of settlements involving claims of mass injury, such as accusations of sex abuse leveled against the Boy Scouts of America and the Catholic Church.
Anonymous
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Legal experts said the government had long questioned the validity of the practice, known as third-party nonconsensual releases, raising the possibility that a sweeping decision in the case would upend similar agreements.
Anonymous
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The government also questioned whether the deal allowed the Sacklers to dodge other potential claims, particularly from those “based on fraud and other forms of willful misconduct.” (Lawsuits show that members of the family, aware of OxyContin’s risk for abuse, continued to aggressively market the drug.)
Anonymous
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The case also rests on how much latitude is given to bankruptcy courts, particularly without express authorization from Congress — yet another scenario that the conservative majority tends to view skeptically.
Anonymous
Who gives a shit.
Anonymous
>>1242355 Millions of people give a shit.
Anonymous
>>1242357 I agree, thus is a huge win.
Unrelated qq, the Biden Fentanyl Crisis is worse than ever, when do you think he'll get around to fixing it?
Never seen so many fentanyl addicts until about 6-12 months after Biden took over, then they sprang up everywhere
Anonymous
>>1242370 What exactly do you want Biden to do about it?
theoneknowitall solvesthedrugproblem
>>1242355 >The fentanyl floodgates were opened into our country circa 2021 Because of all the people that these very rich evil drug dealers got addicted to opioids, the victims had to turn to fenny when the drs stopped prescribing oxy.
>>1242393 >What exactly do you want Biden to do about it? Make all sched 1 drugs legal and one can only get them with a scrip and give the death penalty to those who illegally sell to underage kids and 15 yrs to those who sell on the black market
and if one wants to get a legal scrip, then one must under go drug abuse counseling
theoneknowitall solvesthedrugproblem
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>>1242413 and yada yada
drug abusers wreck their lives already and will use no matter what, so at least they may even be productive members of society and not waste their live chasing the next fix,
And countries like Mexico will blossom when the cartels die
what til 20 yrs from now when the wireheads happen and one get a little remote control to stimulate the device that was hardwired into their brains to stimulate the pleasure centres,
The most intense rush ever, and you set the remote to go off every 10 mins, and put in an iv of glucose , just enough to keep you hydrated and you starve to death in ecstasy after 2 months
Anonymous
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>>1242413 >Make all sched 1 drugs legal and one can only get them with a scrip and give the death penalty to those who illegally sell to underage kids and 15 yrs to those who sell on the black market This sounds like something Congress should be doing instead of a president issuing flimsy executive orders which won't hold up under judicial scrutiny.
Anonymous
>>1242370 >the Biden Fentanyl Crisis is worse than ever So, in other words, you gave no shits about the drug crisis which has been occuring for decades. You only became aware of it recently because it was easy political ammo to use against president man you don't like.
Anonymous
>>1242558 Don't hurt yourself with that strawman, dum dum.
Anonymous
>>1242562 Anybody who calls the drug epidemic the "Biden Fentanyl Epidemic" has absolutely zero clue what they're talking about. That's as steelman as it comes.
Anonymous
>>1242563 Anyone who calls it that is doing so to ruffle your feathers. Which they successfully did. And your only rebuttle was to seethe about it.
Anonymous
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>>1242566 The worst thing the internet did was train people like you to think disagreeing is seething.
Anonymous
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>>1242347 Scotus aint gonna help those white people
199780
