Brian Mann
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President Biden went to Louisiana Friday to get a look at the damage caused by Hurricane Ida. The storm blasted into the state leaving hundreds of thousands still without power and many with no water.
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The decision by a federal bankruptcy judge grants members of the family who own Purdue Pharma, maker of OxyContin, sweeping protection from any liability for the opioid crisis.
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With a federal judge poised to approve Purdue Pharma's controversial Chapter 11 plan, the company is working behind the scenes to preempt a legal challenge by the DOJ.
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Judge Robert Drain signaled he will approve the landmark bankruptcy for Purdue Pharma, the maker of OxyContin. But he called for new limits to legal protections for members of the Sackler family.
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In the Purdue Pharma bankruptcy trial now underway, scrutiny has focused on the Sacklers' demand for immunity from opioid lawsuits that would extend to a vast network of individuals and businesses.
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Gov. Andrew Cuomo will leave office in two weeks after an investigation found he sexually harassed 11 women. Cuomo said the transition for Lt. Gov. Kathy Hochul to take over "must be seamless."
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The Purdue Pharma bankruptcy process has focused on financial compensation to creditors, but court records include heartrending personal letters from families ravaged by Oxycontin.
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As a landmark federal opioid trial nears completion, West Virginia communities are demanding $2.5 billion in compensation. Drug firms say they acted responsibly in shipping millions of pills.
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Payouts will be spread over the next 18 years, with much of the funding going to help communities struggling with high rates of opioid addiction and overdose deaths.
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Four big drug companies would pay out $26 billion to dozens of states over the next 17 years.