The deal was slammed by Connecticut Attorney General William Tong, who is suing Purdue Pharma in state court.
bankruptcy
Posted inJustice
CT asks judge to reject bankruptcy shield for Purdue, Sacklers
“Purdue is not entitled to enter bankruptcy as a means to evade responsibility for the suffering and death they have inflicted on our country,” said Connecticut Attorney General William Tong.
Posted inJustice
Rejecting Purdue settlement, CT hopes to gain from other opioid deals
Dozens of drug companies, and others blamed for the opioid crisis may follow Purdue Pharma’s lead and try to settle claims against them.
Posted inJustice
Purdue bankruptcy opens door for CT towns to weigh opioid deal
Some Connecticut cities and towns may still prefer to accept Purdue Pharma’s offer to settle suits stemming from the nation’s opioid crisis, even though Connecticut and some other states have rejected it.
Posted inMoney
Hartford bailout debate never materialized in 2019
After dominating the final months of the 2018 General Assembly session, the battle over Connecticut’s bailout of Hartford dissolved with nary a whisper.
Posted inHealth
CT files new allegations against Purdue, Sacklers in opioid lawsuit
The amended lawsuit says Purdue and the Sacklers told doctors addiction was “not caused by drugs,” but instead was the result of “susceptible individuals.”
Posted inHealth
Community Conversations: A need for more health care and health care reform
During this election season, the CT Mirror convened groups of people from around the state to ask their opinions on key campaign issues and their perceptions of the appropriate role of government. A common theme emerged: health care — the cost, the disparities and the need for change.
Posted inMoney
Debt assistance could cost Hartford other state aid
A new state plan to pay off nearly $550 million of Hartford’s bonded debt led some legislators Wednesday to consider reducing other forms of aid to the capital city.
Posted inMoney
Market analysts: Hartford bankruptcy could have ‘contagion’ effect
As the prospect of a Hartford bankruptcy looms large, an independent bond market analysis firm warned this week that it could have “a contagion” effect, lowering bond ratings and raising borrowing costs for other communities and the state as a whole.
Posted inMoney
Bronin: Hartford faces insolvency within 60 days
Hartford Mayor Luke Bronin warned Gov. Dannel P. Malloy and the legislature Thursday that the capital city is at risk of insolvency within 60 days, absent the additional funding it would receive under a new state budget.
Posted inMoney
Hartford teeters as the state struggles for a budget
Gov. Dannel P. Malloy stood on a windswept lawn outside a branch library in Hartford’s North End for the second of five public events on his schedule Wednesday, a routinely busy day for a lame-duck governor whose to-do list includes stabilizing the state’s finances and saving its capital city from bankruptcy.
Posted inNews
CT lawmakers, advocates open to new Puerto Rico bill
WASHINGTON — A rare compromise between the White House and House Republicans on how to help Puerto Rico has received cautious acceptance from Connecticut lawmakers and advocates who had rejected previous congressional efforts to help an island mired in a severe financial crisis.
Posted inNews
As Congress balks, Puerto Rico on brink of financial meltdown
WASHINGTON – As the hours tick down toward Puerto Rico’s default on a massive debt payment Sunday, Congress has so far rejected solutions offered by Connecticut lawmakers and some Republican leaders to save the commonwealth from economic ruin.
Posted inPolitics
CT Latino panel urges Congress to act quickly to help Puerto Rico
WASHINGTON — Connecticut’s Latino and Puerto Rican Affairs Commission has asked Congress for quick action on legislation to help Puerto Rico with its $72 billion debt crisis.
Posted inPolitics
Insurance mergers, defense bill, Puerto Rican debt crisis among week’s top issues
Democratic presidential candidate Hillary Clinton expressed “serious concerns” about the planned Aetna-Humana and Anthem-Cigna mergers this week; President Obama vetoed a defense appropriations bill; and the White House released a plan to help Puerto Rico deal with a severe economic crisis.