And so, another working week will soon draw to a close. Not a moment too soon, yes? This is, you may recall, our treasured signal to daydream about weekend plans. Our agenda remains slightly unsettled, but we expect to promenade extensively with the official mascot, catch up on our reading, and get a head start on sampling some holiday food. And what about you? Spring will soon spring, so perhaps this is a good time to tidy up around the castle. Conversely, you could enjoy the great outdoors. Or if you have the stomach, you could park yourself in front of the telly to track the geopolitical storms. Well, whatever you do, have a grand time. But be safe. Enjoy, and see you soon. …
The Sackler family members who own Purdue Pharma have agreed to pay up to $6 billion to settle a hotly contested bankruptcy plan, which will allow state governments and tens of thousands of people to be compensated for the company’s role in the opioid crisis, STAT writes. The settlement calls for the payout to be spread over 18 years, with larger initial installments. The amount of compensation for individuals – ranging from $3,500 to $48,000 – does not appear to be changing from an earlier version of the plan that called for a $4.3 billion payout and sparked furious objections. As part of the new arrangement, the Sacklers issued a statement to the victims regretting their role in the crisis. The deal must still be approved by a U.S. Bankruptcy Court judge.
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