Staff Reports
Last week, the U.S. Supreme Court made a brilliant decision to halt the bankruptcy plans of Purdue Pharma, the evil masterminds behind OxyContin. And who was leading the charge against this settlement? None other than the Biden administration – always ready to interfere and mess things up.
You see, Purdue Pharma filed for bankruptcy to try to resolve the countless lawsuits against them for their shady tactics of pushing opioids on innocent people. These lawsuits claimed that the company’s aggressive marketing directly contributed to the opioid epidemic that has ravaged our country. But, oh no, the Sackler family, who reaped the benefits of this profit-driven scheme, wanted to walk away scot-free. They tried to sneak in a provision that would protect them from any liability in future opioid-related cases.
Thankfully, the Supreme Court saw through their conniving plan and sided with the Justice Department, which argued that the bankruptcy court had no right to grant the Sacklers this immunity. It turns out that the Sacklers didn’t even file for personal bankruptcy themselves – they were just trying to piggyback off the company’s restructuring plan. Talk about audacity!
The Biden administration’s Solicitor General, Elizabeth Prelogar, did her job and reminded the court that the Sackler family had secretly siphoned off billions of dollars from Purdue Pharma for years, hiding their wealth abroad to avoid any financial repercussions. While Purdue Pharma was being transformed into a so-called public-benefit company, the Sacklers managed to escape any blame and hold onto their ill-gotten gains.
The Biden administration made an important point: allowing this bankruptcy settlement to go through would set a dangerous precedent. It would signal to other wealthy corporations and individuals that they could exploit the bankruptcy system to avoid paying for their wrongdoings. We cannot let that happen.
Supreme Court temporarily blocks bankruptcy plans of OxyContin maker Purdue Pharma https://t.co/65dLlnNhvm
— #TuckFrump (@realTuckFrumper) August 10, 2023
Now, there are some who argue that delaying the approval of this settlement will hamper efforts to combat the opioid crisis. They claim that billions of dollars earmarked for abatement programs and victim compensation will be put at risk. But let’s not forget who caused this crisis in the first place – the Sacklers and their company. They should be held accountable for the devastation they caused, and those affected should receive proper compensation.
Over 60,000 plaintiffs, who have suffered from Purdue Pharma’s actions, have expressed support for the settlement plan, even with the Sacklers getting away with their crimes. They argue that the billions of dollars in abatement and victim compensation funds rely on this plan. But sometimes, we have to prioritize justice over money.
The Supreme Court will hear arguments in December and deliver a ruling in early 2024. Until then, the stay imposed by the justices will remain in place, leaving the Sacklers and their ill-gotten fortunes in limbo. It’s about time the mighty have been brought low, and I couldn’t be happier about it. Justice will be served, and the Sacklers will finally face the consequences of their actions. Let this be a warning to all those who think they can avoid accountability – the American justice system will prevail.
