Justices Nix 3rd-Party Liability Releases In Purdue Ch. 11 Plan

By Vince Sullivan · June 27, 2024, 10:12 AM EDT

The U.S. Supreme Court shot down the validity of nonconsensual third-party releases in an opinion issued Thursday in the case of bankrupt drugmaker Purdue Pharma LP, potentially exposing the Sackler family...

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Documents

Opinion

Case Information

Case Title

William K. Harrington, United States Trustee, Region 2, Petitioner v. Purdue Pharma L.P., et al.

Case Number

Court

Supreme Court

Nature of Suit

3422 STATUTES-Bkrup Appeals 801

Date Filed

August 10, 2023

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