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INSYS Therapeutics logo on the website homepage. INSYS Therapeutics logo on the website homepage.

Three states and a handful of cities and counties have objected to a plan that would estimate the total value of legal claims against bankrupt opioid manufacturer Insys Therapeutics Inc.

Insys, which filed for Chapter 11 bankruptcy protection June 10, filed a motion to estimate the costs of about 1,000 lawsuits brought against the Phoenix-based company over the opioid crisis. The procedure would preserve funds and “fix aggregate amounts of particular categories of claims on an expedited basis,” according to the motion.

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Amanda Bronstad

Amanda Bronstad is the ALM staff reporter covering class actions and mass torts nationwide. She writes the email dispatch Critical Mass. She is based in Los Angeles.

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