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APPROVAL TO SETTLE CLAIMS AGAINST ALVOGEN, INC., AMNEAL PHARMACEUTICALS, INC., APOTEX INC., HIKMA PHARMACEUTICALS USA INC., INDIVIOR INC., MYLAN PHARMACEUTICALS INC., SUN PHARMACEUTICALS INDUSTRIES, INC., AND ZYDUS PHARMACEUTICALS (USA) INC., AND AUTHORIZATION OF ACTIONS TO EFFECTUATE SUCH SETTLEMENTS
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WHEREAS, pursuant to Resolution 17-359, the Kane County Board previously approved the engagement of the law firm of Meyers & Flowers, LLP, to represent Kane County in litigation pursuing claims against certain opioid manufacturers and distributors in response to the nationwide opioid epidemic in order to recover the financial costs incurred by the County and other public agencies in response to that crisis; and
WHEREAS, Meyers & Flowers, LLP, has continued to represent Kane County in such matters to recover financial costs incurred by the County; and
WHEREAS, pursuant to Resolution 21-283, the Kane County Board authorized the Kane County State's Attorney to execute an Allocation Agreement with the Illinois Attorney General's Office to provide for the allocation of the distribution of proceeds from any settlements or judgments; and
WHEREAS, pursuant to Resolution 23-226, the Kane County Board authorized the Kane County State's Attorney to execute documentation required by the various aspects of the opioid litigation in order to effectuate and expedite receipt of any funds resulting from litigation and/or settlements of the opioid litigation; and
WHEREAS, the Kane County Board is aware of a new national opioid settlement that allows for the resolution of claims against Alvogen, Inc., Amneal Pharmaceuticals, Inc., Apotex Inc., Hikma Pharmaceuticals USA Inc., Indivior Inc., Mylan Pharmaceuticals Inc., Sun Pharmaceutical Industries, Inc., and Zydus Pharmaceuticals (USA), Inc.; and
WHEREAS, the Kane County Board desires to provide approval for Kane County to settle claims against Alvogen, I...
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