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HomeMy WebLinkAboutAgenda - 06-18-2024; 8-p - Opioid Litigation Settlement Approval - Kroger 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: June 18, 2024 Action Agenda Item No. 8-p SUBJECT: Opioid Litigation Settlement Approval — Kroger DEPARTMENT: County Attorney ATTACHMENT(S): INFORMATION CONTACT: John Roberts, County Attorney, 245- 2318 PURPOSE: To approve opting into a settlement with Kroger and its subsidiaries in the national opioid case. BACKGROUND: In 2018 the Board of Commissioners authorized Orange County's participation in national litigation related to the nationwide opioid epidemic. In 2021 the Board of Commissioners entered a Memorandum of Agreement (MOA) with the State related to the disbursement of funds. The national litigation has resulted in a $26 billion settlement with the four (4) largest corporate defendants with $750 million going to North Carolina, of which Orange County is receiving up to $6.8 million. There have also been several bankruptcies and other smaller settlements resulting in funds going to North Carolina of which Orange County also receives a share. Defendant Kroger is now prepared to settle claims against it for $1 .2 billion. These settlement proceeds will only flow into the states Kroger operated in, as opposed to all states and territories, and will be paid out over 11 years. Although this settlement amount is relatively small in comparison to some of the prior settlements, Orange County will receive a share of these funds. Funds received pursuant to this settlement are subject to the terms of the MOA and the expenditure of those funds is generally limited to opioid impact mitigation. The national attorneys recommend opting into the settlement. FINANCIAL IMPACT: As noted above opting into the settlement will result in additional opioid settlement funds to Orange County. The State estimates the County will receive approximately $360,270. ENVIRONMENTAL IMPACT: There is no Orange County Environmental impact associated with this declaration. SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to this item: • GOAL: FOSTER A COMMUNITY CULTURE THAT REJECTS OPPRESSION AND INEQUITY 2 The fair treatment and meaningful involvement of all people regardless of race or color; religious or philosophical beliefs; sex, gender or sexual orientation; national origin or ethnic background; age; military service; disability; and familial, residential or economic status. ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal impact associated with this item. RECOMMENDATION(S): The Manager recommends the Board consider the settlement and approve opting into it.