In the wake of the Supreme Court’s decision in Purdue Pharma that non-consensual third-party releases are impermissible under the Bankruptcy Code, bankruptcy courts across a multitude of jurisdictions ...
Matthew Brooks and Michael Sabino discuss how a recent Southern District decision rejected the use of implied opt-out consent for third-party releases in Chapter 11 plans, adding to ongoing ...
A recent decision from the US Bankruptcy Court for the District of Puerto Rico (Bankruptcy Court) has provided important guidance in the post-Purdue Pharma debate over consensual third-party releases.
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