The $26B Opioid Settlement Overcame Its First Obstacle: Getting States to Sign Up. An MDL Judge Ordered That Associates Not Work Over The Holidays.
The proposed $26 billion global settlement with four opioid defendants survived its first hurdle after 42 states, five territories and Washington D.C. signed onto the deal by Sept. 4. But it's still got a long way to go.
September 08, 2021 at 01:35 PM
7 minute read
Welcome to Law.com Class Actions: Critical Mass, Law.com's weekly briefing for class action and mass tort attorneys. I'm Amanda Bronstad. Forty-two states signed on to the proposed $26 billion opioid settlement — the first of several steps the deal must go through before distributing payments to governments. After U.S. District Judge Charles Breyer banned associates from working on the McKinsey & Co. opioid litigation during the holidays, lead counsel Elizabeth Cabraser responded with: "The nation's associates would thank you." Trials over Risperdal, made by Johnson & Johnson's Janssen Pharmaceuticals, are ramping back up.
Feel free to reach out to me with your input. My email is [email protected], or follow me on Twitter: @abronstadlaw.
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