Analysis

Nixed Purdue Ch. 11 Plan May Leave States Ready For A Fight

By Chris Villani · June 28, 2024, 2:35 PM EDT

State attorneys general across the country could be gearing up for more opioid-related litigation against the Sackler family after the U.S. Supreme Court wiped out a $5.5 billion third-party release for...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Related Sections

Featured Stories

How We Got To Purdue: From Johns Manville To The Sacklers No Photo Available

Vince Sullivan

The U.S. Supreme Court upended years of bankruptcy practice last week when it definitively barred nonconsensual releases of nondebtors... (more story)

Purdue Ruling Fallout, Rite Aid Confirms Ch. 11 Plan No Photo Available

Emily Lever

 A long-awaited decision by the U.S. Supreme Court struck down nonconsensual third-party releases in the bankruptcy of Purdue Pharma L... (more story)

Catching Up With Delaware's Chancery Court No Photo Available

Leslie A. Pappas

Two multimillion-dollar settlement approvals, a $25 million fee-shifting demand, and a biotech merger spoiled by murder: This was just... (more story)