WHITE PLAINS, N.Y. (Legal Newsline) - The lawyers representing Purdue Pharma in its Chapter 11 bankruptcy proceedings have submitted their first two bills to the court and they show how expensive this multibillion-dollar restructuring will be: Nearly $8 million for seven weeks of work, with one partner billing almost a half-million dollars for the month of October alone.
CLEVELAND (Legal Newsline) - More than 500 cities and counties opted out of the unprecedented “negotiation class” proposed by plaintiff lawyers to settle sprawling opioid litigation, leaving 98% of the 34,458 U.S. cities and counties technically still in the class.
NEW YORK (Legal Newsline) - ExxonMobil has asked the judge who heard New York’s highly publicized climate lawsuit against it to issue a ruling saying the state failed to prove its securities fraud claims at trial, hoping to defuse copycat lawsuits by Massachusetts and other plaintiffs across the country accusing ExxonMobil of manipulating public opinion about global warming.
WHITE PLAINS, N.Y. (Legal Newsline) - Fighting has erupted among creditors in the multibillion-dollar Purdue Pharma bankruptcy, as attorneys representing individual claimants and other creditors object to paying millions of dollars in fees to private lawyers representing governmental claimants - including thousands of municipalities with federal lawsuits against the opioid industry.
BOSTON (Legal Newsline) - Massachusetts Attorney General Maura Healey has launched her long-threatened lawsuit against ExxonMobil, accusing the oil giant of “deceiving the world about climate change” and defrauding investors by failing to fully disclose the risks embedded in its portfolio of hydrocarbon reserves.
CLEVELAND (Legal Newsline) - It was a stroke of good luck for Cuyahoga and Summit counties in Ohio that U.S. District Judge Dan Polster selected them for the first bellwether trial out of thousands of other cities and counties that are blaming the opioid industry for the nation's addiction crisis.
NEW YORK (Legal Newsline) - It's not only opioid week, as a high-stakes trial scheduled to begin Tuesday afternoon in New York pits ExxonMobil against New York Attorney General Letitia James over claims the international oil giant downplayed the expected costs of global warming, not to investors, but to itself.
COLUMBUS, Ohio (Legal Newsline) - Ohio Attorney General Dave Yost has warned his fellow AGs that a reported $50 billion settlement of opioid claims will fall apart unless the states demand tight controls on fees to private lawyers and make sure the rest of the money is directed toward programs designed to address the opioid crisis, instead of state general funds.
WHITE PLAINS, N.Y. (Legal Newsline) - The federal bankruptcy judge overseeing Purdue Pharma’s Chapter 11 bankruptcy reorganization granted the OxyContin manufacturer and its controlling Sackler family a two-week respite from opioid litigation to work on a settlement that appeases warring state attorneys general and a growing list of municipal and private plaintiffs.
WHITE PLAINS, N.Y. (Legal Newsline) - Purdue Pharma’s already contentious bankruptcy will face a pair of big tests later this week as the OxyContin manufacturer appears in hearings over issues including paying its employees and halting more than 2,600 lawsuits against the company and members of the controlling Sackler family.
COLUMBUS, Ohio (Legal Newsline) - A federal judge in Ohio on Monday allowed a firefighter to proceed with his lawsuit against 3M, DuPont and other manufacturers of a class of chemicals known as PFAS, although the judge stopped short of transforming the case into a class action on behalf of virtually every person in the U.S., as plaintiff lawyers want.
CLEVELAND (Legal Newsline) - Cities and counties are worried and confused as they face a November deadline to join or opt out of an unprecedented “negotiation class” that could determine how much money they get from opioid litigation, a lawyer who represents Texas municipalities said.
CLEVELAND (Legal Newsline) - Opioid manufacturers and distributors attacked the fundamental allegations in lawsuits by two Ohio counties that are scheduled to begin trial next month, saying they didn’t contribute to the “public nuisance” of opioid abuse and violated no laws by selling their products in Ohio.
WHITE PLAINS, N.Y. (Legal Newsline) - Purdue Pharma filed for bankruptcy protection, as expected, setting off an expensive process the company says is the only way to “bring order to the unrelenting chaos” of “piecemeal litigation” against it.
Defendants have asked the federal judge overseeing nearly 2,000 opioid lawsuits by cities and counties to recuse himself, saying he has demonstrated clear bias toward the plaintiffs and toward obtaining a multibillion-dollar settlement instead of holding trials to determine the merits of their claims.
Drawing a comparison to the internal documents that catalyzed litigation against the tobacco industry, a group of medical historians have asked a federal judge to establish a $30 million permanent archive for millions of files obtained in federal opioid litigation.
In a move that appeared preordained after his comments at an August hearing, U.S. District Judge Dan Aaron Polster approved an unprecedented “negotiation class” of every city and county nationwide to try and reach a global settlement with opioid manufacturers and distributors.
CINCINNATI (Legal Newsline) - Ohio Attorney General Dave Yost has asked a federal appeals court to halt or dismiss the first two bellwether trials in opioid multidistrict litigation, in a major escalation of the long-brewing fight between state AGs and cities/counties seeking their own share of opioid lawsuit proceeds.
CLEVELAND (Legal Newsline) - The federal judge overseeing nationwide litigation against the opioid industry stripped plaintiffs of potentially important evidence when he prohibited three witnesses from testifying that drug-company marketing and educational programs caused physicians to prescribe too many opioids to their patients.
Sixteen years ago in a case involving gunmaker Sturm, Ruger & Co., a New York appeals court refused to apply public nuisance law against the manufacturer of a legal product, saying that doing so would transform nuisance law “into a monster that would devour in one gulp the entire law of tort.”