Bankruptcy law is all about fresh starts. But just how much of a fresh start does the Sackler family deserve — without having to declare bankruptcy themselves?

The family’s former company, Purdue Pharma, has become synonymous with the US opioid epidemic and filed for bankruptcy in 2019. Plaintiffs harmed by that epidemic came to an agreement with the company that if the Sacklers paid $6 billion to victims and states, the family would be protected from further civil suits, even though they hadn’t personally declared bankruptcy. On Monday, the Department of Justice argued before the Supreme Court that the deal went too far.

QOSHE - Supreme Court May Push Sackler Opioid Case to Congress - Noah Feldman
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Supreme Court May Push Sackler Opioid Case to Congress

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05.12.2023

Bankruptcy law is all about fresh starts. But just how much of a fresh start does the Sackler family deserve — without having to declare bankruptcy........

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