Bloomberg Law cover image

Billionaire Sacklers Get Immunity From Lawsuits

Bloomberg Law

00:00

The Second Circuit Court of Appeals Ruled That the Billionaire Sacklers Can Be Shielded Against Future Opioid Lawsuits

The Second Circuit Court of Appeals has found that the billionaire Sacklers can be shielded against future opioid lawsuits. This clears the way for a settlement of thousands of legal claims where the Sacklers will pay $6 billion, about half of their fortune and give up ownership of Purdue. Jack Schlossberg: There is a problem with whether or not third-party releases will become common bankruptcies.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app