BREAKING: Supreme Court blocks Purdue Pharma opioid settlement
The Supreme Court blew up the massive bankruptcy reorganization of opioid-maker Purdue Pharma, finding that the settlement inappropriately included legal protections for the Sackler family, meaning that billions of dollars secured for victims is now threatened.
The justices voted 5-4 that the bankruptcy court did not have the authority to release the Sackler family members from legal claims made by opioid victims, which means settlement talks would have to begin again.
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