High Court Told Purdue's Ch. 11 Liability Waiver Is Legal

By Alex Wittenberg (October 23, 2023, 4:53 PM EDT) -- Purdue Pharma and parties to its Chapter 11 proceedings urged the U.S. Supreme Court to uphold a deal releasing the Sacklers from civil claims in exchange for their contributing at least $5.5 billion to the bankruptcy estates for victim compensation and opioid abatement, saying the liability releases are permitted by the U.S. Bankruptcy Code....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.

A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!