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Business: Deals & Developments

Columbia to Grigsby, Grigsby-Grunow Co. of Chicago makes Majestic radios and Majestic mechanical ice boxes. Belligerently independent, it also made trouble in 1930. It sued… ....

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"A Tragedy for Us All": Justice Ketanji Brown Jackson's Dissent

The justice did not mince words in her dissent of the conservative supermajority's decision striking down affirmative action in college admissions. ....

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Highland Capital Management L.P. Asks SCOTUS to Review Ruling

Last November the Fifth Circuit Court of Appeals’ decision in Highland Capital Management, L.P., where the court reversed the bankruptcy court’s approval of a plan’s exculpation clause for non-debtors and limited the universe of parties covered by that provision. ....

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Fifth circuit confirms narrow scope of exculpation provisions in chapter 11 plans | Allen & Overy LLP

In sophisticated chapter 11 cases, chapter 11 plans of reorganization frequently include provisions that exculpate – or limit the potential liability of ‒ parties that participate in. ....

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SDNY Bankruptcy Court OKs Purdue Pharma's Plan Of Reorganization Featuring Third-Party Releases For Sacklers In Exchange For Contributing $4.325 Billion To Opioid Victim Settlement Fund - Insolvency/Bankruptcy/Re-structuring

SDNY Bankruptcy Court OKs Purdue Pharma's Plan Of Reorganization Featuring Third-Party Releases For Sacklers In Exchange For Contributing $4.325 Billion To Opioid Victim Settlement Fund - Insolvency/Bankruptcy/Re-structuring
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