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Court again permits OxyContin maker Purdue Pharma's bankruptcy plan allowing Sackler family protections to proceed

  • Purdue Pharma can proceed with restructuring into a new entity that uses profits to combat the opioid epidemic.
  • Sackler family required to pay up to $6 billion over time while gaining legal protections from civil lawsuits.
  • Settlement includes funds specifically for victims of the opioid crisis and their families.
  • US Trustee appealed the settlement but court ruled it can still move forward.
  • Settlement is part of over $50 billion in corporate opioid lawsuit settlements.
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