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Commissioner Brown - County Attorney - Opioid Settlement - To Approve a Resolution that Accepts, Approves, and Authorizes the Execution of the Purdue Pharma L.P. & Sackler Family Opioid Settlement and the North Carolina Third Supplement Agreement for Additional Funds (SAAF-3)
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STAFF CONTACT
Melissa I. Huffman - Deputy County Attorney - 704-866-3088
BUDGET IMPACT
budget
N/A
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BACKGROUND
Gaston County, along with other counties and municipalities in North Carolina, joined with thousands of local governments across the country to file lawsuits against opioid manufacturers, pharmaceutical distribution companies, and chain drug stores to hold those companies accountable for their misconduct.
A new Proposed Settlement has been reached in litigation against Purdue Pharma L.P., the Sackler Family, their subsidiaries, affiliates, officers, and directors named in the Proposed Settlement.
Representatives of local North Carolina governments, the North Carolina Association of County Commissioners, and the North Carolina Department of Justice have negotiated and prepared a Third Supplemental Agreement for Additional Funds (SAAF-3) to provide for the equitable distribution of the proceeds of this Proposed Settlement.
Approval of this Resolution authorizes the County Manager and County Attorney to execute all documents necessary to enter into the Proposed Settlement with Purdue Pharma L.P. and the Sackler Family, to execute the SAAF-3, and to provide such documents to Rubris, Inc., the Implementation Administrator.
POLICY IMPACT
N/A
ATTACHMENTS
Resolution