An internal account of the Purdue Pharma bankruptcy airs on television.
Stone Village Television by Scott Steindorff and Dylan Russell has landed the television rights to Ryan Hampton’s next book Unstable. A plug is not yet attached.
Unsolved: How Purdue Pharma’s Bankruptcy Failed US Overdose Crisis Victims (St. Martin’s Press), due for release Oct. 5, tells “the inside story of Purdue’s excruciating Chapter 11 bankruptcy proceedings, the eventual restructuring of the business, and the escape of the Sackler family. of any real responsibility, ”according to the publisher. Unstable also details “the untold story of how a group of determined ordinary people tried to ensure that justice was done against all odds – and in the face of brutal opposition from powerful institutions and even government officials.”
Steindorff and Russell will produce with Zhara Astra to co-produce. Hampton will also produce the limited series.
Purdue Pharma, the maker of the addictive pain reliever OxyContin – which contributed to the national opioid epidemic – and a company controlled by the billionaire Sackler family, filed for bankruptcy in September 2019 to protect itself from lawsuits for its role in the overdose crisis. Last month, a bankruptcy settlement promised to distribute billions of dollars to fight the outbreak, with the Sackler family contributing $ 4.5 billion to the settlement.
Appointed by the Department of Justice, Hampton served as co-chair of the official creditors committee in the Purdue Pharma bankruptcy case which represented the victims. After the case closed on September 1, Hampton resigned from the committee on August 31. Hampton also worked as a member of Bill Clinton’s campaign staff. He previously published, American correction, in 2018.
Steindorff said in a statement: “This is one of the greatest tragedies in American history and one of the greatest criminal enterprises brought on by greed. It will be like Insider meets Erin Brockovich – detailing how the settlement, worth billions of dollars, only benefited the government, insurance companies, corporations and those who caused the crime. The criminals escaped, leaving countless Americans stranded. The victims most injured by Purdue Pharma not only suffered and died as a result of their recklessness, but only an insulting percentage of the colony remains. “
Hampton adds, “I am grateful to partner with Scott Steindorff and the entire Stone Village team on this important project. There is no better combination of storytelling genius to bring justice to the victims who have been left behind by Big Law, Big Government, and Big Pharma. “
In addition to Unstable, other ongoing Stone Village projects include HBO Max Eleven station (to be released this year) and an adaptation by Mary Shelley Frankenstein for TV. The production company also obtained the rights to the book from author Charles Leerhsen Butch Cassidy: The True Story of an American Outlaw following a multi-point bidding war.