Protesters holding banners outside the courthouse. Members of P.A.I.N. (Prescription Addiction Intervention Now) and Truth Pharm staged a rally and die-in outside New York’s Southern District Federal Court in White Plains.
Erik McGregor | LightRocket | Getty Images
The Supreme Court on Thursday blocked for now a $6 billion bankruptcy settlement by Purdue Pharma that would protect its Sackler family owners from civil lawsuits related to opioid abuse.
The Supreme Court also said it will hear a challenge to the settlement by Purdue, the maker of the opioid OxyContin.
The order Thursday directed parties to file briefs on a question of whether U.S. Bankruptcy courts can approve a Chapter 11 reorganization that releases claims by non-debtors against not-debtor third parties “without the claimants’ consent.”
The case will be argued by the end of this year.
The stay on the settlement will be lifted once the court rules.
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