OxyContin manufacturer Purdue Pharma asked the U.S. Supreme Court to toss out the state of Arizona’s proposed filing in an attempt to “claw back” billions of dollars in transfers from its founders, the Sackler family.
Arizona Attorney General Mark Brnovich, in a motion to file a bill of complaint, had asked the Supreme Court to intervene in its opioid lawsuit less than two months before Purdue filed for Chapter 11 bankruptcy protection Sept. 15. His July 31 filing said the Sacklers made “massive cash transfers—totaling billions of dollars—at a time when Purdue faced enormous exposure for its role in fueling the opioids crisis.” The state of Arizona, which is seeking to enforce a 2007 consent judgment with Purdue, asked the Supreme Court to step in.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]