5 State AGs Oppose Bankruptcy Stay in Their Opioid Cases Against Insys
A bankruptcy judge in Delaware is set to hear arguments Tuesday over whether to halt 166 government lawsuits against Insys Therapeutics Inc. over the opioid crisis.
July 01, 2019 at 07:35 PM
4 minute read
The original version of this story was published on Delaware Law Weekly
A bankruptcy judge will hear arguments Tuesday over whether to halt hundreds of lawsuits brought against Insys Therapeutics Inc. over the opioid crisis—a move opposed by attorneys general in five states.
Insys wants to halt 166 government lawsuits as part of a complaint for injunctive relief and a motion for preliminary injunction, both filed June 10, the date of its Chapter 11 bankruptcy filing. If a bankruptcy judge approves the motions, attorneys general in 10 states, including Florida, New Jersey and New York, would have their claims against Insys stayed.
Lawyers for the states of Maryland and Minnesota, which have administrative trials scheduled to begin in August and September, opposed the move last week, citing the “police power” exception to a bankruptcy's automatic stay on legal matters. New York, New Jersey and Arizona have joined them.
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