Global restructuring outlook – episode #1: What the U.S. Supreme Court’s ruling in the Purdue Pharma case means for future Chapter 11 proceedings

The ruling by the U.S. Supreme Court in ‘Harrington v. Purdue Pharma L.P.’ outlawed non-consensual third-party releases in Chapter 11 bankruptcies. In the first episode in our Global restructuring outlook podcast series, Luckey McDowell, our U.S. head of restructuring, and Fred Sosnick, co-head of our global restructuring team, explain the impact of the decision.

 

If you found this episode interesting, you might like to explore the rest of our global restructuring series:

• Global restructuring outlook – episode #2: How new laws, litigation, and cutting-edge transactions are redefining the European restructuring landscape
• Global restructuring outlook – episode #3: The growing influence of private credit funds on restructuring situations – and what the future holds
• Global restructuring outlook – episode #4: What effect the struggles facing China’s real estate sector could have on the Chinese and Hong Kong economies
• Global restructuring outlook – episode #5. How three big deals and a new bankruptcy law have transformed the UAE restructuring market.