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HIPIOWA FED, LLC  Form

HIPIOWA FED, LLC Form

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Tonight, the US Supreme Court reviewed a $6 billion bankruptcy settlement between Purdue Pharma, the maker of OxyContin and the victims and communities affected by the opioid crisis. Uh The agreement would provide billions of dollars to combat the opioid epidemic. The owners would contribute up to $6 billion and give up the company but retain billions more. The settlement was put on hold this summer after objections from the Biden administration, the the victims fought for this plan because they want to help people who have lost loved ones who have been affected by the opioid crisis to recover money. Today, arguments lasted nearly two hours with justices debating whether or not these hackles are protected under the legal shield that bankruptcy provides a decision in the case is expected early summer.

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