On December 4, 2023, the Supreme Court heard oral argument in Harrington v. Purdue Pharma L.P. The Court considered whether as part of a plan of reorganization under a Chapter 11 bankruptcy, if the Bankruptcy Code authorizes a court to approve a release that extinguishes claims held by nondebtors against nondebtor third parties, without the claimants’ consent.
Join us as we break down and analyze how oral argument went before the Court.
Featuring:
Professor Anthony Casey, Donald M. Ephraim Professor of Law and Economics and Faculty Director at The Center on Law and Finance, University of Chicago Law School
