Purdue Pharma Challengers Seek to Stop Settlement Pending Appeal
By Jeremy Hill
Sept. 20, 2021, 4:33 PM
Washington state and Connecticut asked a judge to temporarily block Purdue Pharma LP’s deal to settle a mountain of opioid liabilities while they seek to overturn the agreement on appeal.
Attorneys general from the two states on Sunday asked U.S. Bankruptcy Judge Robert Drain to ensure that the OxyContin maker’s settlement won’t go into effect before they have had a fair chance to challenge its approval. Otherwise, they argue, Purdue may be able to stymie any appeal of its hotly contested settlement plan by arguing that such a challenge is moot.
An arm of the Justice Department that oversees ...