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The Sacklers are a case-study in how a corrupt bankruptcy can be conducted.

Purdue Pharma presents a maddening case-study in the corrupt benefits of bankruptcy. When it was announced in March, many were outraged to learn that the Sacklers were going to walk away with billions, while their victims got stiffed.

First, they converted their victims' right to compensation into "property" that the Sacklers themselves owned.

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Cory Doctorow 2y ago

This transferred jurisdiction over these claims from the regular court system to the bankruptcy court. A bankruptcy judge - not a jury - would decide how much each of these claims was worth, and then what how much of that worth these victims (now recast as creditors) would be entitled to through the bankruptcy.

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Cory Doctorow 2y ago

Thus tens of thousands of claims were nonconsensually settled without a trial, by an administrative judge with no criminal jurisdiction, not a federal judge who'd undergone Senate confirmation:

https://pluralistic.net/2021/03/31/vaccine-for-the-global-south/#claims-extinguished

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