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plan confirmationthird party release
Harrington v Purdue Pharma LP
603 U.S. 204 (2024) (No. 23-124)
Key Principle
The Bankruptcy Code does not authorize a Chapter 11 reorganization plan to discharge, release, or enjoin claims against a non-debtor (here the Sackler family) without the consent of the affected claimants.
Area of Law
insolvency
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