Justices Could Use Purdue To Resolve Related Circuit Split

By Benjamin Feder (October 10, 2023, 4:02 PM EDT) -- The U.S. Supreme Court will soon hear an appeal[1] of the U.S. Court of Appeals for the Second Circuit's decision in Harrington v. Purdue Pharma LP,[2] which held that bankruptcy courts have statutory power under the U.S. Bankruptcy Code to approve a nonconsensual release of claims against nondebtor third parties contained in a plan of reorganization....

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