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The Justice Department Moves To Block The Purdue Pharma Sackler Bankruptcy Deal - NPR

The Justice Department Moves To Block The Purdue Pharma Sackler Bankruptcy Deal - NPR

The Justice Department Moves To Block The Purdue Pharma Sackler Bankruptcy Deal - NPR
Sep 16, 2021 52 secs

Purdue Pharma filed for bankruptcy with a more than $10 billion plan to settle claims that it fueled the U.S.

Purdue Pharma filed for bankruptcy with a more than $10 billion plan to settle claims that it fueled the U.S.

A division of the Justice Department that serves as a watchdog over the federal bankruptcy system filed an appeal late Wednesday seeking to block the controversial Purdue Pharma bankruptcy plan.

trustee for the Justice Department, also filed documents requesting an "expedited stay" to prevent implementation of the settlement.

But throughout a two-week bankruptcy trial, and in court documents, the Justice Department repeatedly blasted releases from liability granted to the Sacklers as "unlawful" and "unconstitutional.".

In new court documents filed Wednesday, attorneys for the Department of Justice signaled they are concerned some provisions of the Purdue Pharma bankruptcy plan might be implemented quickly, complicating an appeal1

In approving the Purdue Pharma bankruptcy this month, the judge described it as the best possible resolution to a case involving more than 600,000 parties who say OxyContin harmed them.

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