Legal settlements refer to agreements reached between parties in a legal dispute to resolve their differences without going to trial. This typically involves negotiations where the parties agree on terms that may include payment, restitution, or changes in behavior. Settlements can occur in various contexts, including civil, criminal, and family law cases, and are often seen as a way to achieve a resolution that is mutually acceptable and avoids the uncertainties and costs associated with a lengthy legal process. Once agreed upon, a settlement usually requires formal documentation and may need to be approved by a court in some cases to ensure its enforceability.
The Sackler family and Purdue Pharma will pay $7.4 billion to address their responsibility in the opioid crisis. The agreement includes $6.5 billion from the Sacklers over 15 years and…