SoylentNews is people
SoylentNews
Submitted via IRC for Bytram
Sacklers threaten to scrap opioid deal if they aren't shielded from lawsuits
Lawyers for OxyContin-maker Purdue Pharma filed a new complaint late Wednesday threatening that the company's mega-rich owners, the Sackler family, could pull out of a proposed multi-billion-dollar opioid settlement deal if a bankruptcy judge doesn't shield the family from outstanding state lawsuits.
Purdue's lawyers argue that if the lawsuits continue, the Sacklers will have to waste "hundreds of millions of dollars" on legal costs that could otherwise go to claimants in the settlement. The family's lawyers added that in that event, the family "may be unwilling—or unable—to make the billions of dollars of contributions" to the proposed settlement.
State attorneys general, however, argue that the tactic is yet another move designed to shield the Sacklers and their ill-gotten wealth.
"This filing isn't a surprise. It's yet another effort by Purdue to avoid accountability and shield the Sackler family fortune, and we will be opposing it," Maura Healey, the attorney general of Massachusetts, told the New York Times.
Related:
- Makers of OxiCotin, Purdue Pharma, Files Reorganization Chapter 11 "Bankrupty"
- Opioid Talks Fail, Purdue Bankruptcy Filing Expected
(Score: 2) by Runaway1956 on Sunday September 22 2019, @06:54PM (4 children)
That seems an indication that you didn't understand either Fitzgerald, or Orwell as well as you might have.
(Score: 2) by Azuma Hazuki on Sunday September 22 2019, @10:22PM (3 children)
The essence of Doublethink is holding two contradictory ideas and believing them both at the same time. That's directly from 1984. I'd say you're the one who doesn't know the source material. Come on, you were doing so well before and now you're back to this...
I am "that girl" your mother warned you about...
(Score: 2) by Runaway1956 on Monday September 23 2019, @04:53AM (2 children)
In 1984 Tth problem was, and the plot for the story was, the narrator DID NOT believe. He lost his faith, lost his way, and thus rebelled against the system. Aminotrite?
(Score: 2) by Azuma Hazuki on Tuesday September 24 2019, @02:08AM (1 child)
If that's what you took from the story, and if you even dare to set yourself up as some sort of modern-day parallel to Winston..."reading comprehension issues" doesn't even *begin* to delve into what's wrong with that. Holy Boston barbecued baked beans on black bread.
I am "that girl" your mother warned you about...
(Score: 2) by Runaway1956 on Tuesday September 24 2019, @02:17PM
WTF? Compare myself to Winston? FFS, no. Thanks for reminding me of his name. Winston is the office puke type. I've had to hold a desk down a couple times in my life, but I'm most definitely NOT an office puke. Put into Winston's place, I'd be busy assembling a nice firebomb.