That’s the dilemma currently facing the parties involved in the case regarding Purdue Pharma, including states, individuals, and the company’s founding Sackler family.
According to the lawsuit, the family withdrew $11 billion from Purdue, but only contributed $6 billion to the settlement.
Side with the DOJ, and the Supreme Court could clean up the bankruptcy process that often shields individuals and companies.
For now, though, either the victims of the opioid epidemic will have to wait, or those wanting to end bankruptcy shields will.
Follow @rob_cyran on XCONTEXT NEWSThe Supreme Court heard arguments on Dec. 4 over whether to approve the Purdue Pharmaceuticals bankruptcy agreement.
Persons:
Sackler, Elena Kagan, Neil Gorsuch, Kagan, Gorsuch, Brett Kavanaugh, They’ve, Lauren Silva Laughlin, Sharon Lam
Organizations:
Reuters, U.S, Supreme, Purdue Pharma, U.S . Department of Justice, Purdue, Liberal, DOJ, Purdue Pharmaceuticals, Thomson