A settlement that would allow Purdue Pharma to exit bankruptcy and require its owners to contribute billions of dollars to help combat the opioid crisis in the U.S. hinges on a legal question before a federal appellate panel on Friday.
Lawyers for the company, state and local governments, individual opioid victims and others who would receive payments under the deal will make their case before the 2nd Circuit U.S. Court of Appeals in New York City.
