As the massive 2700-case litigation against major producers and distributors of opioids continues in Ohio, many lawyers and Attorneys General struggle to get on the same page regarding a possible mega-settlement worth nearly $50 billion. While several AGs continue to back an initial plan that seemingly fell through last weekend, representative for smaller municipalities are demanding larger cash amounts to be apart of any potential deal. Additionally, the deteriorating financial positions of some pharma firms wrapped up in these proceedings are already dire and legal + settlement payments could end up as existential threats to long-term solvency.
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