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File #: ID 25-4229    Version: 1 Name: Resolution by the County of Rutherford Authorizing Execution of Opioid Settlements with Secondary Opioid Manufacturers, Purdue Pharma LP, and the Sackler Family and Approving the Third Supplemental Agreement for Additional Funds Between the State of N
Type: Resolution Status: New Business
File created: 8/8/2025 In control: Board of Commissioners
On agenda: 9/8/2025 Final action:
Title: Resolution by the County of Rutherford Authorizing Execution of Opioid Settlements with Secondary Opioid Manufacturers, Purdue Pharma LP, and the Sackler Family and Approving the Third Supplemental Agreement for Additional Funds Between the State of North Carolina and Local Governments on Proceeds Related to the Settlement of Opioid Litigation
Attachments: 1. Resolution-for-Purdue-Sackler-Group of 8-and-SAAF3 (003).pdf

 

Meeting Date:                     September 8, 2025

 

Title

Resolution by the County of Rutherford

Authorizing Execution of Opioid Settlements with Secondary Opioid Manufacturers, Purdue Pharma LP, and the Sackler Family

and Approving the Third Supplemental Agreement for Additional Funds Between the State of North Carolina and Local Governments

on Proceeds Related to the Settlement of Opioid Litigation

 

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Summary:

summary

 

National legal counsel for Rutherford County and all local governments serving as plaintiffs in the national opioid litigation advise and recommend: (1) approving the settlement agreement reached with eight secondary manufacturers of opioid products; (2) approving the bankruptcy plan agreed with Purdue Pharma PL and members of the Sackler family; and (3) approval of the Third Supplemental Agreement for Additional Funds to the North Carolina Memorandum of Agreement for distribution of proceeds from the opioid litigation among and between the state and local governments of North Carolina.

 

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Budget:

 

N/A

 

Contact Information:

 

Richard Williams, County Attorney

828-288-3317

richard.williams@rutherfordcountync.gov

 

Recommended Motion:

recommended action

 

Approve the resolution.