Health Care & Hospital Law,
Civil Litigation
Jul. 9, 2021
California joins opponents of $4.5B Purdue Pharma settlement
California is joined by eight other states and the District of Columbia in opposing the deal, which was reached after the mediator — U.S. Bankruptcy Judge Shelley C. Chapman of the Southern District of New York — made a proposal.
California Attorney General Rob Bonta is among the dissenters who remain opposed to a bankruptcy settlement with Purdue Pharma LP that 15 other states agreed to in exchange for $4.5 billion and other concessions.
The new deal was revealed in a late Wednesday filing that adds additional money for government entities and individual plaintiffs as well as disclosure of documents and videos in litigation and depositions for lawsuits agai...
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