Purdue Pharma to use public trusts, Sackler cash to settle opioid litigation

Purdue Pharma to use public trusts, Sackler cash to settle opioid litigation

Source: 
Reuters
snippet: 

Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin maker into an entity that would steer profits to plaintiffs and require the company’s Sackler family owners to contribute nearly $4.3 billion to the settlement.