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Fiduciary Duty › Non-Debtors

Akerman LLP

Purdue Pharma Foretells a Troubled Future for Bar Orders

Akerman LLP on

In Harrington v. Purdue Pharma L.P., the Supreme Court held that the Bankruptcy Code does not authorize a bankruptcy court to grant a release and injunction that extinguishes direct claims against nondebtor third parties...more

Mintz - Bankruptcy & Restructuring Viewpoints

The Expanding Contours of Permissible Non-Debtor Releases in the Ninth Circuit

Mintz - Bankruptcy & Restructuring Viewpoints on

Until recently, courts in the Ninth Circuit have generally followed the minority view that non-debtor releases in a bankruptcy plan are prohibited by Bankruptcy Code Section 524(e), which provides that the “discharge of a...more

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