I’m torn on this one. Obviously, the victims deserve to get payment and whatnot, but the other half of this is that the bankruptcy court agreement with the Sackler family would prevent them from future liability for similar cases. Supreme Court is saying the bankruptcy court didn’t have the power to grant that, which, if excluded, would open the Sacklers to future lawsuits. I’m all for that family getting sued into oblivion, but we can’t trust the Supreme Court to do what’s right either. We have to treat everything they do with suspicion. This comes on the heels of the ruling of ‘bribery is now basically legal’, so it makes me wonder how much the Sackler family is paying them.
Far too many wealthy people have forgotten the alternative to these processes of checks and balances. And too often they get away with little to no damages done to them. As QoL continues to plummet, they will eventually push someone with nothing to lose.
Because of fucking course
Who will we blame our problems on if we just go and start taking steps towards solving them
It was rejected because the settlement would have made the company bulletproof against any further civil suits and effectively left the most villainous people with billions of dollars
Do you have source for this so I can learn more?
Yes. It says it quite clearly in the article above. That’s where I read it.
Quote the block you’re referring to please. The lawyer wouldn’t be calling this a major setback if the plan was flawed (what you’re seemingly claiming) - in fact:
“The U.S. Bankruptcy Trustee, an arm of the Justice Department, argued that the bankruptcy law does not permit protecting the Sackler family from being sued. “
Which actually means the opposite of what I think you’re getting at. Even if they bankrupted, they could still be sued. Help me understand where/what you saw that lead to this rationale.
You read the same article I did buddy, I don’t have any other information. If you disagree with my assessment of it that’s fine, I’m not going to sit here and copy/paste the whole article for you though.
Makes claim
Makes no attempt to back it up
Kk good talk lol
Dude, it literally says it in the article in the post. If you can’t be bothered to read it that’s not my problem. I’m not going to go through and post quotes and links to an article that the post has already provided. It’s not difficult, just click the link in the post
But they bankrupted their shell company and paid like 250,000 5 years ago what more could you monsters want‽
/s
This is the best summary I could come up with:
After deliberating more than six months, the justices in a 5-4 vote blocked an agreement hammered out with state and local governments and victims.
Justices Brett Kavanaugh, Ketanji Brown Jackson, Elena Kagan and Sonia Sotomayor dissented.
The high court had put the settlement on hold last summer, in response to objections from the Biden administration.
Arguments in early December lasted nearly two hours in a packed courtroom as the justices seemed, by turns, unwilling to disrupt a carefully negotiated settlement and reluctant to reward the Sacklers.
The Purdue Pharma settlement would have ranked among the largest reached by drug companies, wholesalers and pharmacies to resolve epidemic-related lawsuits filed by state, local and Native American tribal governments and others.
Sackler family members no longer are on the company’s board, and they have not received payouts from it since before Purdue Pharma entered bankruptcy.
The original article contains 848 words, the summary contains 142 words. Saved 83%. I’m a bot and I’m open source!
I was all ready for outrage, but I think maybe they got this one right. Equality under the law should mean that the top of a pyramid is treated the same as the bottom.
