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March 18, 2021

Unhappy AGs Have Options In Latest Purdue Ch. 11 Plan – Harry Nelson Interview by LAW 360

Co-Founder and Managing Partner Harry Nelson was interviewed by Law 360 over Purdue Pharma’s restructuring proposal which allocates a $4.38 billion opioids settlement. Harry discusses the details of the company’s Chapter 11 bankruptcy plan, and the accountability and remedies for the deadliest drug crisis in the nation’s history.

From the interview:

“Still, there are larger questions of what amount of money, if any, could fully recompense for the lives lost due to the opioid crisis, which has only grown worse during the coronavirus pandemic.”

“What do justice and fairness look like when the company profited so much from manufacturing and selling these drugs with the knowledge of the profound suffering that they were causing?” Harry Nelson of health care boutique Nelson Hardiman LLP said. “It doesn’t seem like the public anger is anywhere near sufficiently addressed, given the legal cases that are still alive and putting the [Sackler] family at risk.”

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