OxyContin maker Purdue Pharma LP got court approval in November 2019 to reimburse millions of dollars in legal fees for states that back its proposed $10 billion settlement of opioid lawsuits, but with a condition meant to help victims of the addiction crisis.
Purdue proposed a $200 million emergency fund last month that could be spent quickly on addiction treatment while the parties resolve the entire bankruptcy case, a process that will take many months. Purdue has said the money has been tied up by disagreements among states, local governments and others parties over how to spend the funds.
FULL STORY: https://www.reuters.com/article/us-purdue-pharma-bankruptcy/oxycontin-maker-purdue-pharma-to-pay-states-lawyers-urged-to-help-victims-idUSKBN1XT2RI