Special Feature: Third-Party Releases After the Second Circuit Decision in Purdue Pharma

Special Feature: Third-Party Releases After the Second Circuit Decision in Purdue Pharma

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In an article published by Creditor Rights Coalition, Partner Philip Anker evaluates the Second Circuit’s recent decision in Purdue Pharma.

Excerpt: There are three lenses through which I view the Second Circuit’s recent decision in Purdue.

The first is one of policy – if I could amend the Bankruptcy Code, would it permit non-consensual, third-party releases?

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