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Louisa County votes to participate in multi-defendant opioid settlement
Summary
Louisa County approved a resolution to join a combined settlement with six opioid defendants; staff reported the total settlement amount and the county's allocated share after attorney fees and deductions.
The Louisa County Board of Supervisors voted unanimously April 27 to participate in a combined settlement resolving opioid-related claims against six defendants.
Miss Smith, presenting the item, said the total settlement amount was $97,625,000 and that attorney fees of $12,230,000 would be deducted from the fund. She reported Louisa County’s share of the settlement as 0.009777. “Our share of that settlement is 0.009777,” Miss Smith said.
The board moved and seconded a resolution to accept participation in the settlement and approved it without opposition. The transcript does not specify the dollar amount that corresponds to Louisa County’s share after fees; staff indicated the county will receive a portion of the net settlement fund and that allocation mechanics follow the settlement terms and distribution schedule.
The board’s vote authorizes county staff to complete participation and take required administrative steps to accept allocated funds under the settlement agreement.
