Connecticut Attorney General William Tong/courtesy photo Dela. Among States Accusing Sackler Family of 'Milking' Purdue Pharma Bankruptcy
The Sacklers "had a long-term, calculated strategy to use a Purdue bankruptcy as a haven for their own wrongdoing, to protect their vast opioid wealth from their many victims," Connecticut Attorney General William Tong said.
December 08, 2021 at 10:21 AM
3 minute read
The original version of this story was published on Connecticut Law Tribune
Connecticut Attorney General William Tong, along with the attorneys general in several other states, is seeking the reversal of the Purdue Pharma bankruptcy order granting what they called "unprecedented lifetime legal immunity" for the family behind the company.
According to a statement from Tong's office, a federal judge last week requested briefs addressing whether the court should consider the Sacklers' extraction of $11 billion from Purdue in the years leading up to its bankruptcy in determining whether the Sackler liability release abuses the bankruptcy process.
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