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ABI Journal

Business Reorganization

Tuesday, November 26, 2024
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Class Action Commonality Justifies an ‘Opt Out’ Plan for Nondebtor Releases

With an exception, cases after Purdue are pointing toward approval of nondebtor releases where creditors are only allowed to opt out.

Monday, November 25, 2024
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Monday, November 25, 2024
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Monday, November 25, 2024
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Monday, November 25, 2024
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Monday, November 25, 2024
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Monday, November 25, 2024
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Purdue Creditors Given Derivative Standing to Sue the Sacklers

Bankruptcy Judge Sean Lane says that Delaware corporate law can’t prevent committees from having derivative standing.