Sackler Family Negotiates Legal Immunity in Opioid Settlement, Affecting Arts Patronage
The Sackler family, owners of Purdue Pharma, has reached a legal settlement granting them personal immunity from civil lawsuits related to opioid marketing. In exchange, they will pay $4.5 billion, up from an initial $3 billion offer, and Purdue Pharma will restructure as a nonprofit. The agreement requires the release of millions of internal company documents and bars the Sacklers from seeking naming rights at museums or public institutions for nine years. Independent trustees will manage the family's $175 million charitable arts trusts, redirecting funds to address opioid addiction. Major institutions that received Sackler donations include the Guggenheim, American Museum of Natural History, and Metropolitan Museum of Art in New York, along with Tate, National Portrait Gallery, Serpentine, and South London Gallery in London. Many have since returned donations or removed the Sackler name. Artist Nan Goldin, a former OxyContin addict and activist, criticized the settlement as insufficient, noting the temporary nature of the naming restrictions. Purdue Pharma manufactures OxyContin, a prescription painkiller linked to over 500,000 overdose deaths in the U.S. over two decades. The settlement involves fifteen American states and aims to resolve thousands of individual legal claims.
Key facts
- Sackler family members gain personal immunity from opioid-related civil lawsuits
- Family to pay $4.5 billion, increased from $3 billion originally offered
- Purdue Pharma to become a nonprofit through bankruptcy restructuring
- Millions of internal company documents will be released
- Sacklers barred from museum naming rights for nine years
- $175 million in charitable arts trusts redirected to opioid addiction efforts
- Institutions like Guggenheim and Tate received Sackler donations
- Artist Nan Goldin criticized the settlement as inadequate
Entities
Artists
- Nan Goldin
Institutions
- Purdue Pharma
- Guggenheim
- American Museum of Natural History
- Metropolitan Museum of Art
- Tate
- National Portrait Gallery
- Serpentine
- South London Gallery
Locations
- New York
- United States
- London
- United Kingdom