Supreme Court Seems Dubious About Purdue’s Nonconsensual, Nondebtor Releases
At oral argument, the justices were focused on whether the word “appropriate” in Section 1123(b)(6) allows chapter 11 plans to include nonconsensual, nondebtor third-party releases.
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Supreme Court Set to Review Purdue Pharma Bankruptcy Settlement
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Norway Sovereign Wealth Fund to Co-Lead Class Action in SVB Bankruptcy
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Evergrande Negotiating 11th-Hour Restructuring Deal to Avoid Liquidation
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Michigan Challenges Former Edenville Dam Owner Bankruptcy Bid
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Analysis: A $6 Billion Settlement Threatens to Upend U.S. Bankruptcy Deals
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Celsius Network Faces Roadblocks in Pivot to Bitcoin Mining
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Sub V Plan with Nondebtor Release Approved over Opposition from the Affected Class
A decision from a New York bankruptcy court makes nondebtor releases easier to obtain in Subchapter V than in large, mass tort chapter 11 cases.
FTX Approved to Start Selling $744 Million in Grayscale Assets
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Seattle Lobbying Firm Strategies 360 Files for Bankruptcy Amid Legal Feud
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