G-7 Summit and Opioid Lawsuits

Grind for October 24th
FIRST SIP:
“Never go to a doctor whose office plants have died.”
– Erma Bombeck



Think Again

The Headline

Trump withdraws proposal to hold 2020 G-7 summit at his Miami resort

The Grind

President Trump last week abandoned plans to host next year’s G-7 summit at his golf resort near Miami after critics accused him of trying to profit from the event.

“I announced that I would be willing to do it at NO PROFIT, or, if legally permissible, at ZERO COST to the USA,” tweeted Trump. “Based on both Media & Democrat Crazed and Irrational Hostility, we will no longer consider Trump National Doral, Miami, as the Host Site for the G-7 in 2020.”

Hours earlier, presidential hopeful Joe Biden suggested Trump had been attempting to use his office for personal gain.

The Details

Trump had touted the golf club’s “grand” acreage, numerous rooms, and proximity to Miami’s International Airport as reasons the venue would be an appropriate choice for the summit.

The Trump Administration will immediately “begin to search for another site, including the possibility of Camp David,” said Trump.

Camp David is a military installation that was converted into a presidential retreat by FDR in 1942.

Located in Maryland roughly 62 miles from DC, the private retreat has often been used to host foreign diplomats and leaders, including Sir Winston Churchill in 1943 and Vladimir Putin in 2003.

President Obama hosted the 38th G-8 summit at Camp David in 2012.

Speaking on Fox News, Acting White House Chief of Staff Mick Mulvaney said that Trump was “honestly surprised at the level of pushback” against his decision to host the summit at his golf club. “At the end of the day, he still considers himself to be in the hospitality business.”



Just In Time

The Headline

Big Pharma settles with Ohio counties to avoid opioid trial

The Grind

Four leading drug companies decided at the last minute to settle with Ohio counties Summit and Cuyahoga.

The $260 million deal avoids what would have been the first trial of the National Prescription Opiate Litigation, a federal case comprised of nearly 3,000 individual lawsuits against the pharmaceutical industry.

“If this is a war, today was supposed to be D-Day, where we engage the enemy and storm the beach,” says Paul Farrell Jr., a lead attorney in the case. “So, last night at 11:50 pm, the defendants retired from the field and decided to settle this particular skirmish rather than fight.”

The Details

Drug distributors Cardinal Health, AmerisourceBergen, and McKesson will collectively pay $215 million and drugmaker Teva Pharmaceuticals will pay $20 million and provide $25 million in addiction and overdose treatment drugs.

The settlement, which includes no admission of wrongdoing, does not affect the remainder of the lawsuits.

“While this morning’s trial will not begin as scheduled, the federal opioid MDL continues to move forward, as thousands of American communities still have claims against opioid industry defendants,” said the group of attorneys overseeing the case.

Plaintiffs accuse the industry of aggressive and misleading marketing, which led to the over-prescription of opioids and the current epidemic.

Walgreens is the only company named in the lawsuit that has not reached a settlement with Summit and Cuyahoga, and will likely be bumped to another trial that includes only lawsuits against pharmacies.




GOOD TO THE LAST DROP:
Did you know… Anuptaphobia is the fear of staying single