Leid Stories - 09.02.21

Federal Bankruptcy Judge Conditionally Approves Multibillion-Dollar Settlement for OxyContin Manufacturer. But Is It Justice?

 

On the heels of an announcement by New York Attorney General Letitia James that three opioid distributors -- McKesson Corp, Cardinal Health Inc. and Amerisource Bergen Drug Corp -- have agreed to pay $1.1 billion toward opioid abatement in the Empire State after negotiating a settlement in a decades-long civil lawsuit, a federal bankruptcy judge yesterday announced conditional approval of a multibillion-dollar settlement in the major-league drug-manufacturing world.

I'll read you the Associated Press report

 

But as we discussed yesterday, is it justice?