Sackler Family To Bankruptcy Court: Liability In Opioid Cases ‘Cannot Be Assumed’

(October 15, 2024, 11:29 AM EDT) -- NEW YORK — The Raymond Sackler family says in a statement filed Oct. 14 in a New York federal bankruptcy court that it takes no position on the Official Committee of Unsecured Creditors (UCC) motion for standing to pursue estate claims because it argues that the proposed claims “are utterly meritless regardless of who brings them,” citing rulings from various courts that found that state public nuisance laws don’t apply to the manufacturing of opioids....