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SCOTUS Curtails Third-Party Releases, Prospectively Derails Mass Tort Chapter 11 Plans

In perhaps the most significant Supreme Court bankruptcy ruling since Stern v. Marshall, the Supreme Court today—by a 5-4 majority—overruled the Second Circuit’s approval of the Purdue Pharma Chapter 11 plan and its...more

Supreme Court Hits the Brakes on Boy Scouts Chapter 11 Plan

In a terse last-minute order, the United States Supreme Court stayed implementation of the Boy Scouts of America’s (“BSA”) confirmed Chapter 11 plan, which would have stripped thousands of survivor claimants of their ability...more

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