Judge McMahon Reviews Appeal Regarding Extension of Injunction in Purdue Case Impacting Sacklers and Associated Parties
In a notable development in Purdue’s ongoing legal saga, a recent bid was made to Judge McMahon regarding the extension of a preliminary injunction by the bankruptcy court. This injunction’s purpose is dual: firstly, to halt government actions that enforce regulatory or police powers; secondly, to freeze litigations against connected Sacklers and other nondebtor defendants. This strategic legal maneuver aims to protect the estate’s assets, which are intimately tied to the bankruptcy proceedings. The rationale behind the issuance of such an injunction is rooted in the desire to maintain the estate’s resources without external interference. … Read more