Current State of Play of 3rd-Party Releases in Bankruptcy (Feb. 11, 2022)
Octus Radio
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The Controversy of Third-Party Releases in Bankruptcy
This chapter discusses the current state of third-party releases in bankruptcy, focusing on recent decisions in the Purdue Pharma case and other Texas bankruptcies. It explores the controversies surrounding the inclusion of third-party releases in bankruptcy plans, particularly in relation to the Sackler family. The chapter also delves into the legal arguments and constitutional jurisdiction surrounding non-consensual third-party releases.
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