What Are We Going To Do Post-Purdue?

On June 27, 2024, the Supreme Court held that the Bankruptcy Code does not authorize nonconsensual third-party releases as part of a plan of reorganization under Chapter 11. Harrington v. Purdue Pharma L.P., 144 S. Ct. 2071 (2024). Chapter 11 debtors and courts are grappling with the effect of the decision. Check out this tracker identifying pending Chapter 11 cases and decisions in which third-party releases are contested or the requested relief is implicated as a result of the Supreme Court's ruling in Purdue. Don’t forget to set an alert, so you are notified as soon as new cases and decisions are added!

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Related Content

• Supreme Court Nixes Nonconsensual Third-Party Releases: Client Alert Digest
  Read this client alert for analysis of the Purdue decision.

• Third-Party Releases in Plans
  Review the requirements for third-party releases in Chapter 11 plans.

• Confirmation Objections
  Read this discussion of typical objections to confirmation of a plan.

• Chapter 11 Plan Confirmation Resource Kit
  Use this resource kit for Practical Guidance materials on confirming a Chapter 11 plan, including detailed practice notes, templates, and checklists.

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