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Delaware slated to receive over $27M in settlement with Purdue Pharma, Sackler family

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Delaware slated to receive over M in settlement with Purdue Pharma, Sackler family


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  • Purdue Pharma and the Sackler family will pay $7.4 billion for their role in the opioid epidemic.
  • Delaware will receive over $27 million from the settlement.
  • The settlement comes just shy of a year after the Supreme Court upended the high-profile bankruptcy settlement with the makers of oxycontin, which threw settlements into limbo.

A settlement reached with the Sackler family and Purdue Pharma will bring over $27 million to the First State, roughly half of what was originally anticipated before a Supreme Court decision put settlement funds in limbo last year. 

Delaware Attorney General Kathy Jennings on Thursday announced a $7.4 billion settlement with members of the Sackler family and their company, Purdue Pharma Inc., for their “instrumental role in creating the opioid crisis.” 

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The First State is poised to receive over $27 million from the settlement.  

“This is a bittersweet moment for everyone who has continued to fight to hold the Sacklers and Purdue accountable,” Jennings said in a news release. “Nothing can bring back what we’ve lost – but, if approved, this agreement would deliver over $27 million to Delawareans right away.” 

Last year, the Supreme Court upended the high-profile bankruptcy settlement with the makers of oxycontin and toppled an agreement that shielded the Sackler family from responsibility for future damages to victims of the opioid epidemic. During those earlier talks, Delaware had estimated receiving nearly $50 million from the settlement. 

The 5-4 decision Supreme Court decision blocked a negotiated bankruptcy settlement the Sacklers had reached to pay victims $6 billion and avoid future litigation.   

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While most victims supported the settlement with Purdue, the Justice Department stepped in, questioning whether the courts could shield the Sacklers from future civil lawsuits − a practice that has been used in major bankruptcies dealing with harms caused by asbestos and silicone breast implants, USA TODAY reported in June.  

The renegotiated settlement is the nation’s largest settlement to date with individuals responsible for contributing to the opioid crisis. 

The Sackler history 

The Sackler family made its fortune selling Oxycontin, a drug that fueled the nation’s opioid epidemic, through their company Purdue Pharma.  

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Under the family’s leadership, Purdue “invented, manufactured, and aggressively marketed opioid products for decades, fueling waves of addiction and overdose deaths across the country,” according to the release.  

If the latest settlement is approved, it will make public over 30 million documents related to the company and the Sacklers’ opioid business. 

The settlement 

In addition to the money to those harmed by the opioid epidemic, the settlement also ends the Sacklers’ control of Purdue and “bars them from selling opioids in the United States.” 

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A board of trustees – selected by “participating states in consultation with the other creditors – will determine Purdue’s future. The company will be overseen by a monitor and will be unable to market opioids.    

Delaware will receive over $27 million immediately, according to the state Department of Justice. The prior agreement would have “deferred payments” over 18 years.  

Justice Department officials said in the release that the immediate payment protects against the Sacklers not paying, while also ensuring Delaware can address the crisis right away. 

Got a tip? Contact Amanda Fries at afries@delawareonline.com, or by calling or texting 302-598-5507. Follow her on X at @mandy_fries.



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Delaware

PennDOT, hardware stores prepare for first snow of season in Delaware Valley

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PennDOT, hardware stores prepare for first snow of season in Delaware Valley


PHILADELPHIA (WPVI) — Crews and customers across the Delaware Valley are gearing up for the region’s first accumulating snowfall of the season, expected late Saturday into Sunday morning.

PennDOT says it has more than 100,000 tons of salt ready and plans to deploy over 400 trucks across the region for this event.

Road crews began brining operations Friday, which will continue through the weekend with plowing on Sunday.

READ MORE | Accuweather Alert: Light snow to blanket the region Saturday night into Sunday morning

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“Maybe 1 to 3, maybe a little bit more depending on how the storm tracks,” said Brad Rudolph of PennDOT.

He added that timing is key with the snow beginning to fall on Saturday night, while many may be out and about, and with thousands expected to travel to Lincoln Financial Field Sunday for the Eagles game against the Raiders.

Preps underway for first snow of the season in Delaware Valley

“People are going to travel, they’re going to need to take it slow. We’re going to push back snow from travel lanes, we’ll make the roads passable. They may not be completely clear of snow and ice, something to consider,” Rudolph said. “We expect this storm to push out relatively early Sunday, well before that Eagles game, but we still might have some cleaning up to do. We’ll be working long after this snow is done.”

At Stanley’s Hardware in Roxborough, workers spent Friday unpacking boxes and moving thousands of pounds of salt and other supplies to fill commercial and individual orders.

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“Our aisle is filled right now. We have tons of skids of rock salt, ice melter, shovels,” said Joe Jaconski of Stanley’s Hardware.

Customers were already stocking up.

“We have food, we have shovels, just had to get some salt just to make sure we’re keeping the sidewalks nice and safe for everyone,” said Matt Skomsky of Roxborough.

Customers were steady at Stanley’s Friday, and business is expected to pick up through the weekend, but managers say don’t wait to get ready.

“I recommend just being ahead of it. Try to beat the storm because when the storm comes, it gets very busy in here-the lines wrapped around,” Jaconski said.

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PennDOT urges drivers to keep their distance from plow trucks and check the forecast before heading out.

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Done Deal: 695 Delaware Avenue – Buffalo Rising

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Done Deal: 695 Delaware Avenue – Buffalo Rising


Ellicott Development has expanded it local property portfolio. Ellicott’s 4628 Group Inc. purchased 695 Delaware Avenue on Wednesday for $1.025 million. Fred Kaplan Living Trust was the seller. The 8,454 sq.ft., three-story barn-like structure with mansard roofed addition is occupied by media production and marketing firm Crosswater Digital Media. It was the home of WKBW radio for a number of years. The property totals 0.4 acres in size with a large parking lot fronting Delaware Avenue.

The property is bookended by the Westbrook Apartments and Wilcox House apartment buildings, both ten-story structures. It sits across the street from 700 Delaware, the former Computer Task Group Building Ellicott purchased in 2018 and is now occupied by the NYS Department of Environmental Conservation.



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Man, 77, dies after collision with teen driver near Hartly, police say

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Man, 77, dies after collision with teen driver near Hartly, police say


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A 77-year-old man died following a two-car crash near Hartly on the morning of Dec. 10, Delaware State Police said.

The man, from the Dover area, has not been identified by police pending family notification.

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According to police reports, the man was driving a Honda Accord east on Judith Road approaching Hartly Road about 9 a.m., as an 18-year-old woman was driving a Ford Focus south on Hartly Road approaching Judith Road.

Police reported that a preliminary investigation shows the Honda moved from the stop sign into the Ford’s path, causing a collision.

The man was pronounced dead at the scene. The woman, from Hartly, was treated at the scene. Police said she refused to be taken to a hospital.

Send tips or story ideas to Esteban Parra at (302) 324-2299 or eparra@delawareonline.com.

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