The Supreme Court’s 2024 Purdue decision1 held that the Bankruptcy Code does not authorize a release and injunction under a Chapter 11 plan of claims against a non-debtor, even if they relate to claims against or by the...more
1/7/2025
/ Bankruptcy Code ,
Bankruptcy Court ,
Buyback Litigation ,
Chapter 11 ,
Commercial Bankruptcy ,
Corporate Governance ,
Corporate Restructuring ,
Creditors ,
Debtors ,
Harrington v Purdue Pharma L P ,
Insurance Industry ,
Mass Tort Litigation ,
Purdue Pharma ,
SCOTUS
On May 31, 2024, the chief judge of the U.S. Bankruptcy Court for the Southern District of New York (SDNY) entered General Order M-634, adopting guidelines for combining the processes for Chapter 11 plan confirmation under...more