Mike Legge, Karen Leung and David Mayo

Financial experts from Reorg, Mike Legge, Karen Leung, and David Mayo, discuss the current state of third-party releases in bankruptcy, focusing on recent decisions in Purdue Pharma and Mallinckrodt. They also explore the controversies surrounding third-party releases and the legal arguments surrounding non-consensual releases. Additionally, they discuss the Texas two-step strategy in bankruptcy and the ongoing bankruptcy case of the J and J subsidiary, LTL Management.