Harrington v. Purdue Pharma L.P. (2024) 144 S.Ct. 2071
The bankruptcy code does not authorize a release and injunction that, as part of a Chapter 11 plan of reorganization effectively seek to discharge claims against a nondebtor without the consent of affected claimants. Under 11 USC 1123(b), a Chapter 11 plan may contain five specific types of orders, all of which concern the debtor's rights and responsibilities, and "… Read More