Publication Archive: Opioids Litigation

CBS5 Quotes Hunter Shkolnik on Ohio bellwether settlement

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Source: CBS New York
Across the U.S., the pharmaceutical industry still faces more than 2,600 other lawsuits over the deadly disaster, and participants in those cases said the latest deal buys them time to try to work out a nationwide settlement of all claims. Monday’s deal was struck in the middle of the night, just hours before a jury…Read the article

Hunter Shkolnik Quoted on Cuyahoga County Settlement

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Source: TommieMedia News
The nation’s three biggest drug distributors and a major drugmaker reached a $260 million settlement with two Ohio counties over the deadly havoc wreaked by opioids, just hours before the first federal trial over the crisis was about to begin Monday. The agreement reached calls for the distributors AmerisourceBergen, Cardinal Health and McKesson to pay…Read the article

Hunter Shkolnik Speak with Law360 About $48B Proposal

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Source: Law360
Four attorneys general on Monday unveiled a proposed $48 billion deal with major drug companies — Teva Pharmaceuticals, Johnson & Johnson and the nation’s largest drug distributors — to resolve a wave of opioid-crisis lawsuits. Hunter J. Shkolnik of Napoli Shkolnik PLLC, a top plaintiffs attorney in the MDL, added in an interview late Monday…Read the article

Law360 Quotes Hunter Shkolnik on $48B Opioid Deal

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Source: Law360
A rapid outburst of opposition to a $48 billion “settlement framework” in opioid-crisis litigation unveiled Monday by four state attorneys general may signal a shift to local governments and states fighting not only with drug companies but also with each other. The backlash from plaintiffs lawyers in the opioid multidistrict litigation and at least one…Read the article

$260M Settlement to Avoid Federal Opioid Trial in Ohio

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Source: Cleveland.com
The agreement, reached shortly after midnight and announced Monday morning, settles claims the counties made against large distribution companies AmerisourceBergen, McKesson, the Ohio-based Cardinal Health and drugmaker Teva Pharmaceuticals. Under the agreement, the three distributors will pay a combined $215 million, while Teva will pay $20 million in cash over between now and 2021. Teva…Read the article

13WTHR NBC: $260m deal to settle opioids lawsuit

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Source: NBC 13 WTHR
The agreement reached Monday calls for the distributors AmerisourceBergen, Cardinal Health and McKesson to pay a combined $215 million, said Hunter Shkolnik, a lawyer for Cuyahoga County. “People can’t lose sight of the fact that the counties got a very good deal for themselves, but we also set an important national benchmark for the others,”…Read the article

StreetInsider: $260 million OH opioid settlement

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The distributors, which handle around 90% of U.S. prescription drugs, will pay a combined $215 million immediately. Israel-based drugmaker Teva is paying $20 million in cash and will contribute $25 million worth of Suboxone, an opioid addiction treatment, according to Hunter Shkolnik, an attorney for the counties.Read the article

The State: State Lawyers Confident of Opioid Deal

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Source: Associated Press
State attorneys general who are negotiating with drug companies say they’re confident that other state and local governments will sign on to a settlement in principle with five companies over the opioid crisis.Read the article

The Irish Times: US Opioid Epidemic & the $260m settlement

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Source: The Irish Times
Four large drug companies reached a last-minute $260 million (€233 million) legal settlement over their role in the US opioid addiction epidemic, averting the first federal trial, which was scheduled to start on Monday morning in Cleveland, Ohio. The settlement covers drug distributors AmerisourceBergen, Cardinal Health and McKesson and Israel-based drugmake Teva Pharmaceutical Industries, and…Read the article