Skip to Content

OxyContin maker’s lawyer warns of long, expensive litigation

Andrew Cuomo

By GEOFF MULVIHILL
Associated Press

A lawyer for Purdue Pharma says the company’s settlement plan is the only way to avoid long and expensive litigation. The lawyer made his case Monday to a bankruptcy judge  who is expected to rule this week on whether to accept OxyContin maker’s reorganization plan. It calls for using the company’s future profits and more than $4 billion from members of the Sackler family who own it to abate the opioid crisis and pay individual victims. Members of the Sackler family would also get protection from lawsuits over opioids. Judge Robert Drain said he’ll also consider the views he’s read in letters from people who lost loved ones to opioid overdoses.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content