USA. Purdue creditors seek approval to sue Sackler family members
USA. Purdue creditors seek approval to sue Sackler family members
NEW YORK, July 8 (Reuters) - Purdue Pharma's creditors sought permission from a U.S. bankruptcy court on Monday to sue the company's wealthy owners, arguing that the litigation can serve as both a negotiating tool and a fallback option as the OxyContin maker re-starts talks on a bankruptcy settlement.
Purdue is going back to the drawing board to negotiate a comprehensive settlement of lawsuits against it and its Sackler family owners alleging that the company's deceptive marketing of OxyContin spurred an opioid addiction crisis in the U.S. A U.S. Supreme Court decision last month upended a previous bankruptcy deal. (Reuters, USA, 09.07.2024)
https://www.reuters.com/legal/purdue-creditors-seek-approval-sue-sackler-family-members-2024-07-08/