However, a statement from Purdue Pharma Canada says it is a separate company from the U.S. firm and the actions taken to settle litigation in America don’t directly affect business here.
Eby says the province remains “ready and willing” to participate in the effort to achieve the resolution but if B.C. is not included in the process then the government will to continue its lawsuit that names Purdue and several other opioid makers. The province filed a proposed class-action lawsuit a year ago alleging drug manufactures falsely marketed opioids as less addictive than other pain medicines, triggering an overdose crisis that has killed thousands.
Eby says if the company wants to achieve a global resolution then any proposed agreement needs to account for payment to Canadian claims. Our Morning Update and Evening Update newsletters are written by Globe editors, giving you a concise summary of the day’s most important headlines.
GlobeBC You mean a permanent global teardown, gone, as into oblivion. There can be no saving Purdue Pharma, they deserve to die like thousands whose lives have been cut short by their dirty little paws. Resolution just ain't gonna happen.
GlobeBC I believe Purdue Pharma is behind the globe and Mail bad press. Press freedom applies to everyone, where's my colum?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Purdue Pharma may not be off hook in bankruptcy as B.C. wants in on paymentsIn addition to some 2,600 lawsuits filed in the U.S., suits have also been filed against Purdue’s subsidiary in Canada. B.C.'s Attorney-General said Monday that any resolution should include payments for Canadian claims globebusiness they should not be allowed to lie using another act . for deaths of people, its not all their fault unless they are hiding kickbaks etc globebusiness Funny in if you are bankrupt where is the money coming from
Source: globeandmail - 🏆 5. / 92 Read more »
Purdue Pharma, facing over 2000 opioid crisis lawsuits, files for bankruptcy protectionOver 2000 lawsuits, as well as the refusal of 20 state attorneys general to accept a deal for a settlement preceded the long expected announcement of bankruptcy globebusiness Yes, it’s apparently part of a broader litigation settlement involving multiple public (government) lawsuits. You may want to mention that. globebusiness Go for money moved to swiss banks
Source: globeandmail - 🏆 5. / 92 Read more »
After bankruptcy filing, Purdue Pharma may not be off hookOxyContin maker Purdue Pharma and its owners expressed sympathy but not responsibility for the nation's opioid crisis as the company filed for bankruptcy protection late Sunday night, part of a move to settle some 2,600 lawsuits -- most from state and local governments. No they are not because bankruptcy filings include court cases. The assets will be in trust as part of any court ruling. There could also be director responsibility as well. Exec's and owners don't give 2 💩's. Their money is already been hidden away out of sight and reach. They're just putting on a show now.
Source: CTVNews - 🏆 1. / 99 Read more »
Can anything be done to stop the crisis in B.C.'s forestry industry?High log prices and dwindling timber supply are driving the crisis in British Columbia's forestry industry that has devastated communities and kneecapped the provincial economy, observers say. Yeah, October 21, 2019 TrudeauMustGo A change of government
Source: CTVNews - 🏆 1. / 99 Read more »
HuffPost is now a part of Oath
Source: HuffPostCanada - 🏆 61. / 53 Read more »