Purdue Pharma files for bankruptcy with $10B plan to settle claims

If anyone doesn&#x27;t know what&#x27;s going on here exactly.<p>The Sackler Family – A Secretive Billion Dollar Opioid Empire - <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=zGcKURD_osM" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=zGcKURD_osM</a>

I have a high level question; a lot of want to legalize drugs. Ending the war on drugs and all that. This is a drug that was legal and a lot of people got on it and now we&#x27;re angry. Why? I don&#x27;t like that people got hurt. I also recognize that bad drugs are bad. But I can&#x27;t find a way out of &quot;tell people drugs are bad and they have to make their own choices.&quot; Is the problem here the doctors told them the bad drugs were good drugs?

Looks like they got a golden escape hatch.<p>Sounds like this arm of the company will end up controlled by a government trust. The best outcome would probably be the government running the operation at break even, lowering costs, and heavily regulating how much product it could give to hospitals.

One naive question - why are doctors who overperscribed opiates still allowed to practice medicine?

Seems like an abuse of the limited liability. Does the US have a way to set that aside? I know other countries do

Are the other manufacturers of oxycontin being sued too? I know that Purdue tried to underplay their role, but from the best #s I&#x27;ve seen they&#x27;ve only sold 20% of the market.<p><a href="https:&#x2F;&#x2F;www.statnews.com&#x2F;2019&#x2F;09&#x2F;09&#x2F;purdue-pharma-data-downplay-its-role-in-opioid-epidemic&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.statnews.com&#x2F;2019&#x2F;09&#x2F;09&#x2F;purdue-pharma-data-downp...</a>

With the Sackler family funneling out money prior to this, is there any chance a judge would refuse the bankruptcy?

The amazing thing is when I was in legitimate pain in the hospital I couldn&#x27;t get more than Tylenol. After I was released I drove by a pain clinic and I guarantee I could have scored some oxy that day. I didn&#x27;t but it&#x27;s nuts when people that need medication can&#x27;t get a few pills.<p>Dont get me started on testorone or ADHD medication hypocrisy.

I am legal expert but I have a logical question.<p>Shouldn&#x27;t they look at the fund the company had on the &quot;day that the lawsuit started&quot;.<p>Where ever they funneled the money, I am sure they are just look at the bank statement.

Without criminal charges, there&#x27;s no justice.

The Sacklers are running around free, enjoying their wealth, while El Chapo is in jail.

Go To Jail, Go Directly To Jail, Do Not Pass Go. Do Not Collect $200B.

SO what does this mean for non-US litigants, or future non-US litigants?

Recommended read: Dopesick from Beth Macy. For a non-American, it reads like a horror script.

Are any of the Sackler family going to face real consequences for this?

It&#x27;s ok, they&#x27;ve already moved all their billions away.<p>Their fortune is safe.

How can this be legal?

Great now all the opioid production and prescriptions and thus addiction will stop! Oh wait...