Tag: bankruptcy

US Supreme Court blocks Purdue Pharma bankruptcy settlement

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that would have shielded its wealthy Sackler family owners from lawsuits over their role in the nation’s deadly opioid epidemic. The 5-4 decision reversed a lower court’s ruling that had upheld the plan to give Purdue’s […]

US Supreme Court blocks Purdue Pharma bankruptcy settlement

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that would have shielded its wealthy Sackler family owners from lawsuits over their role in the nation’s deadly opioid epidemic. The 5-4 decision reversed a lower court’s ruling that had upheld the plan to give Purdue’s […]

US Supreme Court blocks Purdue Pharma bankruptcy settlement

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that would have shielded its wealthy Sackler family owners from lawsuits over their role in the nation’s deadly opioid epidemic. The 5-4 decision reversed a lower court’s ruling that had upheld the plan to give Purdue’s […]

US supreme court blocks Purdue Pharma’s bankruptcy settlement that would shield Sacklers from lawsuits

default Conservative bloc Alito – Majority Barrett – Majority Gorsuch – Majority Kavanaugh – Minority Roberts – Minority Thomas – Majority Liberal bloc Jackson – Majority Kagan – Minority Sotomayor – Minority The US supreme court has rejected painkiller maker Purdue Pharma’s bankruptcy settlement plan that included an extraordinary measure to protect its Sackler family […]