Terms Used In Michigan Laws > Chapter 691 > Act 85 of 2022 - Opioid Liability Litigation Act

• Allergan settlement: means the master settlement agreement arising out of the MDL and entered into by this state with Allergan Pharmaceuticals. See Michigan Laws 691.1672
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• CVS settlement: means the master settlement agreement arising out of the MDL and entered into by this state with CVS Pharmacy. See Michigan Laws 691.1672
• Distributor settlement: means the master settlement agreement arising out of the MDL and entered into by this state with AmerisourceBergen Corporation, Cardinal Health, Inc. See Michigan Laws 691.1672
• Janssen settlement: means the master settlement agreement arising out of the MDL and entered into by this state with Janssen Pharmaceuticals, Inc. See Michigan Laws 691.1672
• Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
• MDL: means In re Nat'l Prescription Opiate Litigation, multidistrict litigation consolidated in the United States District Court for the Northern District of Ohio, Case No. See Michigan Laws 691.1672
• Political subdivision: means a public body corporate in this state, an agency of a public body corporate in this state, a nonincorporated body in this state of whatever nature, or an agency of a nonincorporated body in this state. See Michigan Laws 691.1672
• Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
• state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
• Teva settlement: means the master settlement agreement arising out of the MDL and entered into by this state with Teva Pharmaceuticals. See Michigan Laws 691.1672
• United States: shall be construed to include the district and territories. See Michigan Laws 8.3o
• Walgreens national settlement: means the master settlement agreement arising out of the MDL and entered into by this state with Walgreens Pharmacy. See Michigan Laws 691.1672
• Walmart settlement: means the master settlement agreement arising out of the MDL and entered into by this state with Walmart. See Michigan Laws 691.1672