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Second Circuit Green Lights Purdue Pharma Chapter 11 Plan Containing Nonconsensual Third-Party Releases | Jones Day

There is longstanding controversy concerning the validity of third-party release provisions in non-asbestos trust chapter 11 plans that limit the potential exposure of various.

New yorkUnited statesPurdue pharmaRichardc wesleyEunicec leeLisam schweitzerDow corningUs district courtJohns manville corpEnergy resources coSupreme courtSeaside engg surveying incParty releases in chapterNatl heritage found incPurdue pharma incDow corning corp

Second Circuit Green Lights Purdue Pharma Chapter 11 Plan Containing Nonconsensual Third-Party Releases

There is longstanding controversy concerning the validity of third-party release provisions in non-asbestos trust chapter 11 plans that limit the…

United statesNew yorkPurdue pharmaDow corningLisam schweitzerEunicec leeRichardc wesleyMillennium lab holdingsAh robins co incUs district courtSee bankPractising law institute commercialSupreme courtEnergy resourcesSeaside engg surveying incMetromedia fiber network inc

Immunity With No Side Effects: Sackler Family Granted Releases Of Liability In Purdue Pharma Bankruptcy Case - Insolvency/Bankruptcy

Notably, the court began by reminding us that bankruptcy is an equitable process and that its judges sit in courts of equity.

New yorkUnited statesPurdue pharmaRichardc wesleyDana apriglianoJohns manville corpBoy scouts of americaNatl union fire insSecond circuit courtEnergy resources coDrexel burnham lambert group incMacarthur coSupreme courtMetromedia fiber networkAiradigm commcns incSouthern district

Second Circuit Picks A Side In Non-consensual Third-party Releases In Highly Anticipated Purdue Opinion - Insolvency/Bankruptcy

Non-consensual third-party releases are provisions in reorganization plans that release non-debtor parties from liability to other non-debtor parties without the consent.

United statesNew yorkPurdue pharmaDrexel burnham lambertRobertd drainEnergy resources coMacarthur coDistrict courtJohns manville corpMetromedia fiber networkDeutsche bankGrp incCircuit courtUs district courtBankruptcy courtStates court

Factbox-Permian set for M&A frenzy as cash-rich producers seek reserve boost

Dealmaking is picking up in the Permian basin, the largest U.S. oil patch, as drillers look to quickly rebuild their depleting assets.

United statesNew mexicoSriraj kalluvilaMrinalika royEnergy ltdEnergy corpOil gasHoldings ii energy coCox operating arena energy assetTanos energy diversified assetPetroleum coForge energy vital assetSwan ovintiv inc assetEnergy assetSwordfish pearl energy investmentDriftwood vital energy asset

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