Purdue reported in a court filing that as of March 31, it had spent about $900 million on nonrecurring legal fees since it filed for bankruptcy in 2019 as part of an effort to settle its lawsuits. With the case stretching out, the legal costs continue to mount, too. While most of Purdue’s creditors have signed onto the settlement, the U.S. The lawyer, Arik Preis, wrote that as long as the funds aren’t distributed, “the vast majority of more than $6 billion that could be put to use to abate the opioid crisis and compensate individual claimants continuing to accrue interest in Sackler accounts.” You may save your generated screenshots and thumbnails. Just paste the website link and click the submit button on the cash app screenshot generator.
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Circuit Court of Appeals in New York to issue a ruling or provide an update soon, saying the efforts to use the funds to fight the opioid crisis can’t begin until the money can start to flow.Īnimatronic dragon bursts into flames during Disneyland showĪ lawyer for creditors told a U.S. Lawyers on multiple sides of the case, including those representing Purdue, asked the 2nd U.S. This week - days before the one-year anniversary of the April 29, 2022, appeals court arguments on the matter - lawyers told judges that the wait is causing problems. Ticker Image Size Wide Rectangle Square Portrait Your Image Your browser does not support HTML5 Canvas. The two device frames are both of the black iPhone XS Max, arranged in an artistic and captivating style that instantly draws focus. Add your pic, write the headline and we'll go live to the scene. This App Store screenshot relies on a classic formula: photorealistic device frames paired with two short lines of copy.
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Parties waiting to finalize the deal are waiting for a court to rule on the legality of a key detail: whether members of the Sackler family who own the company can be protected from lawsuits over Ox圜ontin in exchange for handing over up to $6 billion in cash over time plus the company itself. The Breaking News Generator - Today's top story. More than a year after Ox圜ontin maker Purdue Pharma reached a tentative settlement over the toll of opioids that was accepted nearly universally by the groups suing the company - including thousands of people injured by the drug - money is still not rolling out.
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