Connecticut Attorney General William Tong and four other attorneys general have appealed a decision on Purdue Pharma’s bankruptcy plan in a U.S. District Court.
Purdue Pharma has been in bankruptcy court since 2019. The company made the drug Oxycontin, seen as a major contributor to the U.S. opioid epidemic.
Purdue’s bankruptcy plan requires the Sackler family to pay out more than $4 billion for their part in the epidemic. But the attorneys general say the family extracted billions from the company and used the bankruptcy as a shield for their own wrongdoing.
The attorneys general say they want a reversal of the bankruptcy order, which grants the Sackler family lifetime legal immunity for their role in the opioid epidemic.
