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Radford Council votes to join Purdue and manufacturers opioid settlements
Summary
Radford City Council approved resolutions to participate in the Purdue Pharma bankruptcy plan (including a Sackler-family settlement) and in proposed settlements with eight opioid manufacturers, enabling the city to receive its share of nationwide funds intended for opioid abatement.
Radford City Council on an August evening voted to accept the Purdue Pharma bankruptcy plan and to participate in proposed settlements with several opioid manufacturers, moves the city’s outside counsel recommended to recover funds for local opioid-abatement efforts.
The council approved a resolution accepting the Purdue Pharma plan and directing outside counsel to execute documents necessary for the city to take part in a proposed direct settlement with the Sackler family. The resolution recites that Purdue’s bankruptcy plan would result in an…
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