A former Oklahoma State Supreme Court justice will attempt to resolve a dispute over how to disburse an $85 million settlement of a state lawsuit with Teva Pharmaceuticals.
Cleveland Count District Judge Thad Balkman said Monday that retired Judge Steven Taylor will serve as special master to help find a way to handle the funds arising from a lawsuit that accused drug companies of contributing to the opioid epidemic.
Gov. Kevin Stitt, lawmakers and cities say the May 26 settlement conflicts with a law directing any settlement funds into the state treasury. The law was passed after lawmakers grumbled about how state Attorney General Mike Hunter structured a $270 million settlement with Purdue Pharma in the lawsuit.
Oklahoma’s lawsuit against Johnson & Johnson over the opioid epidemic is continuing.
Topics Legislation Oklahoma
Was this article valuable?
Here are more articles you may enjoy.
World’s Largest Retirement Community Taps Muni Market to Help Build More Homes 
Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3 
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual 
Suspects in Louvre Heist in Custody After Week-Long Manhunt 
