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Purdue Pharma wants to appeal the decision to settle with opioids



(Reuters) – Purdue Pharma is trying to appeal the decision of a second U.S. Court of Appeals by a judge ruling out its restructuring plan that would have isolated its owners from liability in civil opioid-related cases, according to a late court hearing on Thursday.

after U.S. Bankruptcy Judge Robert Drain of White Plains, New York, extended temporary protection until Feb. 1 against opioid-related litigation for family members Sackler, who owns Purdue Pharma, giving Purdue and Sackler time.

The decision Purdue wants to appeal was made on December 16, when U.S. District Judge Colleen McMahon overturned Judge Drain's decision releasing the billionaire Sackler family from liability in civil lawsuits over opioids in exchange for a $ 4.5 billion payment.

In the court's decision on the OxyContin manufacturer's bankruptcy settlement, Judge McMahon ruled that the bankruptcy court did not have jurisdiction to grant the release and had asked the appellate court to address whether such releases were legally acceptable.

Purdue party without consent in its case. It also states that the U.S. trustee, who appealed Judge Drain's approval of the plan, does not oppose its ability to appeal to the 2nd Circuit. to have contributed. to a public health crisis that has claimed the lives of some 500,000 people since 1

999.


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