Memorandum
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This memorandum addresses the City Council regarding the Purdue Pharma bankruptcy plan and settlements related to the opioid litigation. It recommends approving the bankruptcy plan, participating in settlements with various opioid manufacturers, and authorizing the City Attorney to execute necessary documents. The settlements are expected to yield approximately $1.5 million for San José for opioid misuse prevention and remediation.
Key points
- Council agenda date: August 26, 2025.
- Subject involves Purdue Pharma and National Prescription Opiate Litigation.
- Recommendation includes approving the Purdue Bankruptcy Plan and settlements with the Sackler family and several opioid manufacturers.
- Estimated recovery for San José from settlements is approximately $1.5 million.
- Public outreach includes posting the memorandum on the City’s website.
Limitations
- The document contains unresolved placeholders such as specific dates and amounts.
- The text does not provide details on the outcomes of the recommendations.
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