Filing For Bankruptcy To Manage Opioid Suits Is No Magic Pill

Law360 (April 29, 2019, 3:50 PM EDT) -- The opioid epidemic that has swept the United States is an expensive crisis with immeasurable human costs, which has also resulted in litigation that could potentially bankrupt the opioid manufacturers, distributors and pharmacies targeted in the lawsuits.

Individual plaintiffs, along with federal, state and local governments have filed thousands of actions,[1] which allege that manufacturers misled the public about the "nonaddicting" nature of their products, distributors failed to monitor or investigate suspicious orders and pharmacies turned a blind eye to their role in enabling a black market.

The causes of action and the plaintiffs run the gamut, from victims suing for personal...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!