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OxyContin maker Purdue Pharma is expected to file for bankruptcy after settlement talks over the nation's deadly overdose crisis hit an impasse, attorneys general involved in the talks said Saturday.
The breakdown puts the first federal trial over the opioid epidemic on track to begin next month, likely without Purdue, and sets the stage for a complex legal drama involving nearly every state and hundreds of local governments.
Purdue, the family that owns the company and a group of state attorneys general had been trying for months to find a way to avoid trial and determine Purdue's responsibility for a crisis that has cost 400,000 American lives over the past two decades.
An email from the attorneys general of Tennessee and North Carolina, obtained by The Associated Press, said that Purdue and the Sackler family had rejected two offers from the states over how payments under any settlement would be handled and that the family declined to offer counterproposals.
"As a result, the negotiations are at an impasse, and we expect Purdue to file for bankruptcy protection imminently," Tennessee Attorney General Herbert Slatery and North Carolina Attorney General Josh Stein wrote in their message, which was sent to update attorneys general throughout the country on the status of the talks.
[...] The impasse in the talks comes about six weeks before the scheduled start of the first federal trial under the Cleveland litigation, overseen by U.S. District Judge Dan Polster. That trial will hear claims about the toll the opioid epidemic has taken on two Ohio counties, Cuyahoga and Summit.
A bankruptcy filing by Purdue would most certainly remove the company from that trial.
The bankruptcy judge would have wide discretion on how to proceed. That could include allowing the claims against other drugmakers, distributors and pharmacies to move ahead while Purdue's cases are handled separately. Three other manufacturers have already settled with the two Ohio counties to avoid the initial trial.
-- submitted from IRC
(Score: 2) by c0lo on Tuesday September 10 2019, @06:05AM (2 children)
Say... what? Who the fuck needs TV today?
Even the very existence of the incel masses disproves you, they did find a way of life that doesn't involve physical presence; if they can be alone without being lonely, so can others.
Can have HD porn streamed without effort.
Have heaps of free-to-play games.
Have heaps of forums to troll and heaps of decent people to doxx and SWAT. And you can find nutjobs on the Internet for any and all style of nuttyness, flat-earthers and alt-right included.
You can express your cavernous** existence on Twitter and YouTube and Instagram and... and still get some income from ads.
Worse come to worst, you can go school-shooting and stream your 30 minutes of fame on the internet and you'll still generate interest.
(large grin)
---
*** that's worse than empty
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2) by Immerman on Tuesday September 10 2019, @01:46PM (1 child)
Um, I think the whole point of the involuntary part of "incel" is that they *can't* be alone without being lonely...
Plenty of people can't get laid, but I've only ever heard the incel moniker pointed at the ones who are vocally bitter about the situation.
(Score: 2) by HiThere on Tuesday September 10 2019, @08:01PM
Actually, I don't think "incel" has a well defined meaning, and I heard it used for someone with only the justification that the speaker (well, writer) didn't like them.
Javascript is what you use to allow unknown third parties to run software you have no idea about on your computer.