Huffpost
A federal judge overturned the bankruptcy plan negotiated by Purdue Pharma on Thursday, saying a deal that released the billionaire Sackler family from legal claims related to its opioids was “inconsistent” with the law.
District Judge Colleen McMahon said in her ruling Thursday the $4.5 billion settlement announced earlier this year should not move forward as it shields the Sacklers — one of the wealthiest families in America — from any liability in future cases related to Purdue’s main opioid, OxyContin.