The agreement also lays out a plan for Purdue to release tens of millions of documents, including 13 categories of attorney-client privileged records, to the public.
July 08, 2021 at 12:38 PM
4 minute read
The original version of this story was published on New York Law Journal
After a marathon mediation session, New Jersey and 14 other states have agreed to a proposed settlement with Purdue Pharma and the Sackler family, according to documents filed late Wednesday in the U.S. Bankruptcy Court for the Southern District of New York.
If the settlement plan is approved by U.S. Bankruptcy Judge Robert Drain, Purdue and the Sacklers will pay $4.5 billion over nine years for prevention, treatment and recovery programs related to opioid addiction across the United States.
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