Harrington v. Purdue Pharma: Supreme Court Holds That a Chapter 11 Reorganization Plan Cannot Include a Nonconsensual Release of Claims Against Non-Debtors
On June 27, 2024, the Supreme Court held in Harrington v. Purdue Pharma that the U.S. Bankruptcy Code does not permit a Chapter 11 reorganization plan to include a release of legal claims against non-...