Earlier quoted context omitted.
Well, it is. The victims had a settlement agreement worth billions of dollars, which the Sackler family was going to willingly provide in exchange for legal protections. Now that legal protections are off the table, it is very unlikely that any new settlement will be as generous, and in fact quite unlikely that any settlement will be achieved at all.
But also very likely that the case will go to court and the damages will be substantially higher.
Supreme Court blocks controversial Purdue Pharma opioid settlement
291–300 of 691 posts
Re: Supreme Court blocks controversial Purdue Pharma opioid settlement
#292Earlier quoted context omitted.
"trust the science" edit: it's meant in sarcasm, mostly.
We can trust the process of science but we need to be mindful of how to critically examine a body of literature. When I see most lay people examine literature all they do is cherry pick what they like and discard the rest and ignore any analysis or methodological concerns
Re: Supreme Court blocks controversial Purdue Pharma opioid settlement
#293Earlier quoted context omitted.
Exactly. It took the collaboration of many different people, all of which also profited from it, to bring about the opioid crisis.
The vendor who sells many different things seems to be at least a bit less culpable than the provider who sells just their thing while lying about certain effects of it. Yes, we can examine how we got into this situation where doctors take drug advice from the people who make the drugs but the people who lied for profit deserve the lion's share of the criticism.
Re: Supreme Court blocks controversial Purdue Pharma opioid settlement
#294Earlier quoted context omitted.
> You may find the money a pittance, but the victims decided otherwise. When you say 'the victims' are you implying they all agreed to this? So they are all okay with giving up their individual right to sue for damages? You make several points which imply that this is some kind of consensus position that everyone is okay with. That's the root of the problem, though -- this settlement in no way addresses the damage to…
The case and settlement has almost nothing to do with solving the problem at a societal level, with either outcome being negligible. Real progress would involve systemic changes to the treatment and causes of drug addiction, as well as medical treatment philosophy. To hang the opioid epidemic on perdue is a gross oversimplification, essentially a scapegoating of a multifactorial problem. Perdue sold the same pills in…
Re: Supreme Court blocks controversial Purdue Pharma opioid settlement
#295Earlier quoted context omitted.
One problem of which I was unaware is that the Sackler family has largely fled the United States. Pursuing their assets introduces vast complexities of international law. "In a brief filed on behalf of the relatives of Mortimer Sackler, most of whom are based overseas, lawyers warned of “significant litigation costs and risks” in seeking to enforce any foreign court judgments against the family if the settlement were…
The US are proud of getting some terrorist in the middle of Pakistan or putting pressure on whistleblowers internationally but when big money is involved getting a criminal scumbag responsible for ~1m deaths is suddenly a huge problem.
Re: Supreme Court blocks controversial Purdue Pharma opioid settlement
#296Earlier quoted context omitted.
But also very likely that the case will go to court and the damages will be substantially higher.
Not really, it will be played out in a number of separate cases and each case is in a weaker position separately simply due to scale and resources. The Sacklers have an estimated $1bn liquid available to fight these things. The $6bn ruling was significant and not an amazing outcome for either side (so, a compromise). Additionally most of the Sacklers are well into old age, so they'll probably die before losing $6bn.
I find this framing extremely bizarre. A $6bn ruling means the family profits $5 BILLION. In no universe is that not an amazing outcome for them.
Re: Supreme Court blocks controversial Purdue Pharma opioid settlement
#297I understand people who think the Sacklers are villains who destroyed lives, Purdue should be shut down, and we should transform the legal regime around opioids. I understand people who think Purdue should continue, the status quo is OK, and the Sacklers are not [simply] villainous. I don't understand people who think the Sacklers are villains who destroyed lives, but Purdue should continue operating more-or-less as-…
Re: Supreme Court blocks controversial Purdue Pharma opioid settlement
#298Earlier quoted context omitted.
One problem of which I was unaware is that the Sackler family has largely fled the United States. Pursuing their assets introduces vast complexities of international law. "In a brief filed on behalf of the relatives of Mortimer Sackler, most of whom are based overseas, lawyers warned of “significant litigation costs and risks” in seeking to enforce any foreign court judgments against the family if the settlement were…
Considering the patience the US has with getting justice against other individuals who have fled our jurisdiction, we could do the same here. We also have an enormous amount of influence in the financial sector in other western nations, so we could at least make their lives less lavish and comfortable. Throwing up our hands and declaring it an unsolvable issue just encourages others to misbehave and then escape the s…
Re: Supreme Court blocks controversial Purdue Pharma opioid settlement
#299I find the Supreme court decisions to be fascinating reads and overall much more interesting and complicated than most news services make them out to be.
Especially since this 5-4 decision didn't follow the "conservative" or "liberal" split at all.
It's easy to forget that, while they are political appointees, they have to have fairly long careers as acting judges to even qualify for the appointments.
Re: Supreme Court blocks controversial Purdue Pharma opioid settlement
#300I understand people who think the Sacklers are villains who destroyed lives, Purdue should be shut down, and we should transform the legal regime around opioids. I understand people who think Purdue should continue, the status quo is OK, and the Sacklers are not [simply] villainous. I don't understand people who think the Sacklers are villains who destroyed lives, but Purdue should continue operating more-or-less as-…