No More Drawing Outside the Lines: U.S. Supreme Court’s Purdue Pharma Decision Constrains Chapter 11 Bankruptcies
n June 27, 2024, the U.S. Supreme Court released its highly anticipated opinion in Harrington v. Purdue Pharma L.P., Case No. 23-124 (“Purdue”). The question before the Court was whether the bankruptcy code lets a court approve, as part of a chapter 11 plan, a release...
A Horrow Show of a Settlement
In Gotham, there was a dilapidated amusement park, the “Gotham Playland”. You know the kind. Kiddie rides that had not been updated since they were installed in 1985. Concession stands where the paint on the counters was so worn, you can see where people rested their...
Heard and Overheard
This summer seemed different than past summers. In the northeastern part of the U.S., spring seemed to come and go and summer was upon us before we were ready. Flowers that generally bloomed in July or August were already blooming in June and early July. It is now...
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