The Sackler family’s controversial move to protect itself has been stopped!
The Supreme Court has thrown a big curveball into the fight against the opioid epidemic by stopping a huge settlement deal with the company that makes OxyContin.
At the center of the storm, the Sackler family tried a masterstroke to avoid claims, but the high court won’t let them off that easily.
Wait, Wait, Wait! The Biden administration’s request to stop the big deal from last year was just approved! But that’s not all, folks. Get ready for a showdown in court because the Supreme Court is getting ready to dig into this hot topic before the end of the year!
Billion-Dollar Turnaround: Bankruptcy or Heroism?
The deal is that Purdue Pharma will avoid bankruptcy by changing into a new company. Its war chest will be used to fight the drug epidemic.
But there’s a twist!
The Sackler family, which runs the business, could eliminate their legal problems if they paid up to $6 billion to settle. What’s up? It would keep them from getting sued!
Not So Quick! The U.S. Bankruptcy Trustee and the Justice Department aren’t singing the same song. They are upset about the Sacklers’ plan to escape their protection.
Supreme Court vs. Opioid Oligarchs
The million-dollar question is whether bankruptcy rules can be like a legal Bat-Signal and save corporate giants from angry victims. The 2nd U.S. Circuit Court of Appeals gave the go-ahead, but now it’s the Supreme Court’s turn to weigh in on this fight that could change the game!
Elizabeth Prelogar, who is the Solicitor General, doesn’t hold back! She is saying that this deal could make it easier for companies to find ways to cheat the bankruptcy system for their own gain.
“Please don’t make us wait any longer”, says Purdue Pharma.
The lawyers for Purdue Pharma are trying to shut the door on the Supreme Court! They are upset about a “baseless stay application” that could take billions from victims to help fight the drug crisis.
“Patience is tried, but hope wins”
People who were hurt by the drug crisis still await justice but won’t give up! Even though they had to wait, they were happy that the court moved quickly to deal with this important problem. ⚖🕰
Who’s Saying “No Deal” in the Battle of the Opponents?
Parents who have lost children to opioid overdoses shout in unison, “No deal!” They want justice, not a way out for the people they think are to blame.
Want to use OxyContin?
Considering OxyContin, you should discuss the risks and rewards with your doctor. When used as advised, OxyContin can be a safe and effective painkiller. However, it is also a drug that can be abused, leading to addiction.
Here are some more things to think about when it comes to OxyContin:
- Even when taken as recommended, OxyContin can be tough to stop taking.
- OxyContin can have harmful side effects, like abuse, slowed breathing, and even death.
- Women who are pregnant or who are nursing should not take OxyContin.
- People who have used drugs in the past shouldn’t take OxyContin.
- If you are taking OxyContin, paying close attention to what your doctor tells you is essential.
- Do not take more than the amount prescribed, and do not take OxyContin for longer than recommended. Talk to your doctor right away if you have any side effects.
Talk to your doctor if you are worried about how easy OxyContin is to abuse or get hooked on. There are other painkillers out there that might work better for you.
The opioid storm continues, and 70,000 lives are at risk! ☠🌪
Sadly, opioids kill more than 70,000 people annually in the U.S. alone. Powerful painkillers like OxyContin have worsened the problem and caused a storm of tragedy. But the battle is still going on!
Get ready for a showdown in court that could change the way we fight against the opioid problem. Stay tuned for more news about this exciting court battle!
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