Bankruptcy-Abuse

Bankruptcy Court Approves Sackler Immunity Deal Despite DOJ Opposition

2021-09-01 00:00:00 +0000 UTC | Importance: 9/10

On September 1, 2021, U.S. Bankruptcy Court Judge Robert Drain approved a bankruptcy settlement granting the Sackler family “global peace” from civil liability for the opioid epidemic, despite vigorous opposition from the Department of Justice and nine state attorneys general. The ruling …

Robert Drain Sackler Family Purdue Pharma U.S. Department of Justice State Attorneys General opioid-crisis bankruptcy-abuse judicial-failure accountability-failure corporate-impunity

Purdue Pharma Files Bankruptcy to Shield Sackler Family from Civil Lawsuits

2019-09-15 00:00:00 +0000 UTC | Importance: 9/10

On September 15, 2019, Purdue Pharma filed for Chapter 11 bankruptcy protection after facing thousands of lawsuits from states, local governments, Native American tribes, and victims related to the opioid crisis. The bankruptcy filing was a strategic maneuver designed to shield the billionaire …

Purdue Pharma Sackler Family Richard Sackler David Sackler Mortimer D.A. Sackler +2 more opioid-crisis bankruptcy-abuse corporate-crime accountability-failure legal-manipulation